# Deductibility, tax and tax shield

- Canonical URL: https://www.gerhardmerk.de/deductibility-tax-and-tax-shield
- Post ID: 588067
- Modified: 2023-07-25T21:01:51+00:00
- Language: en

## Definition

The ability to reduce (income) tax liability by deducting items allowed by tax law from taxable gross income (the reduction in income tax that results from taking an allowable deduction from taxable gross income). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1