tax break


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Noun1.tax break - a tax deduction that is granted in order to encourage a particular type of commercial activity
deduction, tax deduction, tax write-off - a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
References in periodicals archive ?
But what if there was a tax break costing the state over $0 million every year and benefiting just 1 percent of households?
Generally, Democrats argued that while a tax break for veterans is admirable, it was unwise given the state of education funding in Arizona, which public school advocates have criticized as dangerously low.
If there was a tax break or duty break it would certainly help small businesses and would bring us into very different market options.
It may be no coincidence that the Oregon Legislature legalized roadkill cuisine shortly before the House passed a bill restricting a business tax break last week.
The tax break was first enacted in the 1990s to help kick-start a fledgling industry.
COUNCILLORS are to receive an astonishing tax break for working from home - without having to prove they do any work.
50% Bonus Expensingfor Capital Investments: Large companies will lose this tax break.
Nonprofit leaders said the uncertainty surrounding the IRA rollover tax break made it difficult to solicit donations from donors who might not otherwise make gifts.
CONSERVATIVE plans to spend hundreds of millions of pounds on a tax break for married couples are "unfair", Nick Clegg has said.
Because of the size of the debt, Vodafone will continue cashing in on the tax break until 2020.
And yet, not only will the ubiquitous social network not be paying any taxes, it will be getting a huge tax break.