DCHP-3

tax-creditable

DCHP-2 (Oct 2016)

Spelling variants:
tax creditable

adj. — Administration, Finance

denoting a purchase or expense that can be claimed as a credit when filing income taxes.

Type: 5. Frequency — Tax-creditable is used in the US but appears to be most prevalent in Canada (see Chart 1). It is synonymous with tax-deductible, which is the more popular term.
See also COD-2, s.v. "tax credit - tax-creditable", which is marked "Cdn".

Quotations

1989
The move is expected to save the government $1.9-billion in fiscal 1990-91 "after taking into account the fact that unemployment insurance contributions are tax-creditable and that the government also contributes to unemployment insurance as an employer."
1995
The Vancouver Sun Children's Fund welcomes your donation by cheque, Visa or MasterCard to help us help B.C.'s kids. Donations over $ 5 are tax-creditable.
2002
Sarasua said CCFC are always looking for new members and volunteers. Membership is $30 a year, and includes benefits like a subscription to The Journal and the Regional Reporter, voting privileges in local chapters, a member pin and membership card along with information regarding local activities and events. Donations are also accepted at any time and tax-creditable.
2013
It is a registered non-profit society run entirely by volunteers. All donations are tax-creditable.
2016
Donations are essential to our policy of high quality at low prices. Our sponsorship plan is shown below. As a supporter, you will receive acknowledgement in all concert programmes. Donations are tax creditable in Canada.

References

  • COD-2

Images

Chart 1: Internet Domain Search, 23 May 2013

Chart 1: Internet Domain Search, 23 May 2013