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Từ vựng:

charitable contributions deduction

Giải nghĩa:

/ˈtʃærətəbl ˌkɑntrɪˈbjuʃənz dɪˈdʌkʃən/ – Phrase


Definition: Khấu trừ đóng góp từ thiện

A more thorough explanation: under US law, an amount given to charity that can be subtracted from someone’s income before calculating how much tax they owe

Example: A corporation’s charitable contributions deduction is limited to 10% of its taxable income.