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Professional literature – what costs can I deduct?

You can deduct the amount you have paid for trade books or magazines.

The deduction can be made on condition that you need this professional literature for maintaining your professional skills, expertise or competence.

For example, the deduction concerns books and magazines that are necessary in a teacher’s educational work.

In most cases, newspaper costs are not tax-deductible.

How to file expenses for the production of income



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Page last updated 1/1/2023