Charitable Contribution

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Definition: Charitable Contribution

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What is the dictionary definition of Charitable Contribution?

Dictionary Definition

n. in taxation, a contribution to an organization which is officially created for charitable, religious, educational, scientific, artistic, literary, or other good works. Such contributions are deductible from gross income, and thus lower the taxes paid.

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Page URL
https://payrollheaven.com/define/charitable-contribution/
Modern Language Association (MLA):
Charitable Contribution. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 04, 2020 https://payrollheaven.com/define/charitable-contribution/.
Chicago Manual of Style (CMS):
Charitable Contribution. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/charitable-contribution/ (accessed: December 04, 2020).
American Psychological Association (APA):
Charitable Contribution. PayrollHeaven.com. Retrieved December 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/charitable-contribution/

Definition Sources

Definitions for Charitable Contribution are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.