Tax shield
id:
tax-shield-310-4176943
title:
Tax shield
text:
A tax shield is the reduction in income taxes that results from taking an allowable deduction from taxable income. For example, because interest on debt is a tax-deductible expense, taking on debt creates a tax shield. Since a tax shield is a way to save cash flows, it increases the value of the business, and it is an important aspect of business valuation.
brand slug:
wiki
category slug:
encyclopedia
description:
Tax deduction
original url:
https://en.wikipedia.org/wiki/Tax_shield
date created:
date modified:
2023-05-07T20:28:09Z
main entity:
{"identifier":"Q17141900","url":"https://www.wikidata.org/entity/Q17141900"}
image:
fields total:
13
integrity:
14