moving expense

An expense incurred in changing one’s residence.

• If incurred for business reasons (as when one’s job requires relocation), most moving expenses are tax-deductible. [Cases: Internal Revenue 3367. C.J.S. Internal Revenue § 205.]

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词条贡献者

双语律师容远，毕业于法国一流的高级翻译学院，擅长翻译各类与公司治理相关的法律文件。