Tax shield

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The reduction in income taxes that results from taking an allowable deduction from taxable income. For example, because interest on debt is a tax-deductible expense, taking on debt can act as a tax shield.

This tax-related article is a stub. You can help Wikipedia by expanding it.

Retrieved from "http://en.wikipedia.org../../../t/a/x/Tax_shield.html"

Categories: Articles lacking sources from February 2007 | All articles lacking sources | Tax stubs

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• This page was last modified 17:51, 24 February 2007 by Wikipedia user Danski14. Based on work by Wikipedia user(s) Ladislav Simko.
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