Are operating expenses taxable? 1.32K viewsTax 0 Guest60 0 Comments How can I use the operating expenses that my company had during the year to calculate the tax? I assume they are tax deductible right? 1 Answer ActiveVotedNewestOldest 0 Guest60 Posted 0 Comments Operating expenses are deducted from the revenue generated to get the operating profit. After that, you need to add and deduct the non operating results to get the taxable income. You could therefore say that operating expenses are tax deductible. Register or Login Search for:
