Deductibility, tax and tax shield
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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).
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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/