disaster loss

A casualty loss sustained in a geographic area that the President designates as a disaster area.

• It may be treated as having occurred during the previous tax year so that a victim may receive immediate tax benefits.

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词条贡献者

双语律师Jason，国内知名法学院国际贸易专业，擅长翻译各类与出口管制、经济制裁及海关相关的法律文件。