tax loss

noun

1. a loss sustained by a company that can be set against future profits for tax purposes

Example Sentences

Think about how much tax loss that would cause!

From Seattle Times

Betterment misstated or omitted facts when communicating with clients about its automated tax loss harvesting service from 2016 to 2019, the SEC found after its investigation.

From Reuters

What the law sought to prevent — generating a tax loss without a substantial change in the investment — is now commonplace.

From Salon

In theory, the stocks inside two different funds could overlap so much that the IRS might deem them "substantially identical" and thus disallow any tax loss on such a trade.

From Salon

“Since they have to comply anyway, they may as well use their crypto trading to do tax loss harvesting,” he said.

From Washington Post