Tax credit in income taxes can be directly deducted from the payable tax amount.

税额减免是在缴纳所得税时可以直接从应交税款中扣除的数额。

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The amount which is brought in by the rents of those few cottages is almost negligible when income tax and the cost of repairs are deducted.

扣除收入所得税和房屋修缮费，这几间小别墅的租金收入几乎是微不足道。

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The amount which is brought in by the rents of those few cottages is almost negligible when income tax and cost of repairs are deducted.

扣除收入所得税和房屋修缮费，这几间小别墅的租金收入是微不足道的。

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All three figures - the gross amount, the tax deducted (or tax credit) and the net cash received - need to be entered into the form.

BBC: John Whiting, tax partner, Pricewaterhouse Coopers

With FSAs, employees can have a certain amount of money deducted from their paychecks, tax-free, for medical expenses.

FORBES: Fact and Comment