tax break

tax break
noun
a tax deduction that is granted in order to encourage a particular type of commercial activity
Syn: ↑tax benefit
Hypernyms: ↑tax write-off, ↑tax deduction, ↑deduction

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tax break noun (informal)
An opportunity legally available for reducing one's tax obligations
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Main Entry:tax

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tax break UK US noun [countable] [singular tax break plural tax breaks] informal
a reduction in the tax that you must pay

a tax break for college students

Thesaurus: relating to tax and taxationhyponym

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n. informal a tax concession or advantage allowed by a government

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ˈtax break f400 [tax break] noun
a special advantage or reduction in taxes that the government gives to particular people or organizations

a tax break for low income families with young children


Useful english dictionary. 2012.

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Look at other dictionaries:

  • tax break — ˈtax break noun [countable] TAX ECONOMICS a special reduction in taxes that the government allows for a particular purpose: • A temporary investment tax credit would provide a tax break to businesses that invest in equipment. * * * tax break UK… …   Financial and business terms

  • tax break — tax ,break noun count a reduction in the tax that you must pay: a tax break for college students …   Usage of the words and phrases in modern English

  • tax break — tax breaks N COUNT If the government gives a tax break to a particular group of people or type of organization, it reduces the amount of tax they have to pay or changes the tax system in a way that benefits them. [mainly AM] Today they ll… …   English dictionary

  • tax break — n a special reduction in taxes ▪ tax breaks for small businesses …   Dictionary of contemporary English

  • tax break — ► NOUN informal ▪ a tax concession or advantage allowed by government …   English terms dictionary

  • Tax Break — A tax break is a savings on a taxpayer s liability. A tax break provides a savings through tax deductions, tax credits, tax exemptions and other incentives. An example of a tax break is the First Time Homebuyer Tax Credit which provided a tax… …   Investment dictionary

  • tax break — UK / US noun [countable] Word forms tax break : singular tax break plural tax breaks informal a reduction in the tax that you must pay a tax break for college students …   English dictionary

  • Tax break — A tax break is a tax saving. This includes:* Tax exemption, an exemption from all or certain taxes of a state or nation in which part of the taxes that would normally be collected from an individual or an organization are instead foregone. * Tax… …   Wikipedia

  • tax break — noun (C) AmE a special reduction in taxes that the government allows for a particular purpose: a tax break for insulating your home …   Longman dictionary of contemporary English

  • tax break — tax discount, reduction of the tax burden …   English contemporary dictionary

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