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Sagot :
All-inclusive vacations are not an example of expenses that are not allowable tax deductions.
What are the tax deductions allowed?
They correspond to a form of exemption and credit in taxation, such as interest on a home mortgage, unreimbursed healthcare costs and charitable donations.
Therefore, tax deductions contribute to a reduction in taxable income and in the amount of taxable tax.
Find out more about taxes here:
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