DCHP-2

tax-creditable tax creditable DCHP-2 (November 2016)

• 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".