Tax shield

A strategy of reducing of income Tax liabilities by taking allowable deductions from Taxable income, such as payments for mortgage Interest, medical expenses and charitable Contribution.

Related Terms: 9 Contribution, Deduction, Expense, Interest, Inc., Low, Mortgage, Tax, Taxable income

Other Related Pages: Category: Taxes Starting With: T

Additional Related Terms: 10-K, 52-week low, Accrued expense, Allowance for depreciation, Adjustable rate, Accrual of discount, Accrued interest, After-tax basis, Amortization of premium, At par