Definition of "deductibility" [deductibility]

• The ability to be deducted, such as from one's taxes (noun)

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• "Tax deductibility is a lot more valuable to someone in the 39% tax bracket than someone who doesn't even pay federal income taxes."
• "These big players can hire big smart tax lawyers and the interest deductions from corporate income taxes has cost our coffers billions of dollars. 1 noted recently in Ronald Reagan's tax reform they are somewhat clipping the takeover wings because the interest deductibility is not as open ended as it was, something 1 call for in the solutions of my book."
• "Congress could encourage such donations by allowing the company to deduct the full value of the newspaper as a charitable contribution, creating a special exception to the current ceiling on corporate gift deductibility, which is 10% of taxable income."