entertainment deduction
- noun
- /ˌɛntərˈteɪnmənt dɪˈdʌkʃən/
- Formal
:
deducción de entretenimiento
- To keep costs down, she carefully tracked her entertainment deductions throughout the year.
This is also now in addition to possibly reopening a deduction on what's called a meals and entertainment deduction expenses.
- This is also now in addition to possibly reopening a deduction on what's called a meals and entertainment deduction expenses.
Examples
-
This is also now in addition to possibly reopening a deduction on what's called a meals and entertainment deduction expenses.
-
A business can claim an entertainment deduction for events held to impress potential clients.
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Many companies benefit from an entertainment deduction when they take clients out for dinner.
Synonyms
115
3.0
An amount taken away from a total, for example from pay
98
3.0
A smaller tax people or companies must pay to encourage certain activities
22
3.4
An expense or amount you can subtract from your income to lower your tax
1
4.0
An amount a business can subtract from its income before paying taxes for money spent running the business
Surface Forms
Morphology
The compound combines 'entertainment' (activities to amuse) with 'deduction' (a subtraction), so its meaning—a subtraction from taxable income for entertainment-related expenses—is directly inferable from the parts. Although it is a technical tax term with specific limits, the noun+noun composition follows a common, cross-linguistically transparent pattern that a B1 learner who knows both words can reasonably understand at a general level.
Etymology
The noun entertainment deduction comes from the simple idea that money a company spends to entertain clients—like meals, tickets, or shows—is a business cost, and a deduction is an amount you can 'subtract' from your income before tax. So the phrase means a business 'entertaining' cost you can subtract when you calculate tax, usually with limits.