tax break

Definitions

Banking

• noun an allowance which can be set off against tax

Economics

• Any provision of the tax code, such as a tax credit or tax deduction, that reduces the amount of tax that a firm or individual will pay, perhaps in return for behavior that the government wishes to encourage.

Nearby Definitions of “tax break”

• tavern
• tawa
• tax
• tax and price index
• tax avoidance
• tax break
• tax buoyancy
• tax concession
• tax credit
• tax cum subsidy
• tax-exempt special savings account

Contexts for “tax break”

2 definitions in context
• Banking
• Economics