desgravar
tax deduction
The Spanish word 'desgravar' is typically used in a fiscal or economic context. It translates to 'deduct', 'subtract' or 'write off' in English and is commonly used to indicate the reduction or removal of the burden of tax. For instance, if you 'desgravar' an expense, it means that you deduct it from your taxable income.
Example sentences using: desgravar
Voy a desgravar estos gastos en mi declaración de impuestos
I am going to deduct these expenses in my tax declaration
In this example, 'desgravar' is used to express that certain expenses will be subtracted or deducted from the total gross income when submitting a tax return, hence reducing the amount of tax owed.
La compra de una vivienda puede desgravar
Buying a house can be tax deductible
In this context, 'desgravar' refers to the possibility of reducing taxable income through a tax relief scheme, such as when buying a house. This means that the purchase may lead to a reduction in the amount of tax an individual has to pay.
El donar a caridades puede desgravar
Donating to charities can be tax deductible
Here, 'desgravar' is used to indicate that by donating to charities, one can receive tax benefits. This could imply that such a charitable donation could be subtracted from one's taxable income, thus lowering the total tax amount payable.