taxable profit
C1CEFR level
60/100Rarity: rare
TechnicalRegister
The amount of profit, after statutory adjustments to the accounting figure, on which tax is actually charged.
Disallowable entertainment costs must be added back in computing the taxable profit.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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