tax break

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Related to tax breaks: Tax deductions

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Noun

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 giving tax breaks to the rich is a very inefficient way to get the economy going.

Bush's sleights of hand. (Comment)

A January report from the National Education Association suggests one important source of foregone funds: property tax breaks for corporations.

Stealing from kids. (The Front)

Tax break introduced: There is a provision for tax breaks for investment in film through Section 24F of the Income Tax Act of 1962 that provides for tax deductions in respect to production and post-production costs incurred by an owner of a film.

South Africa. (Tax Breaks Around The World)

Allianz, however, wants to prevent the new law from excluding one of Germany's four company pension schemes--which is built on life insurance products--from planned tax breaks.

Playing Catch-Up

Uncle Sam can't make up his mind: Eligibility for several tax breaks depends on a taxpayer's family status.

AICPA, united with others, urges Congress to simplify Code

This legislation was intended to allow companies not owing any income taxes to capture the business tax breaks of the 1981 legislation.

Do you really want to save the code?

NAFTA and GATT and even capital gains tax breaks aren't boons for the very rich; no, their main purpose is to help people who work.

The worst tax: how payroll taxes have hurt America's working class

The Senate tax-writing committee gave unanimous approval to its version of a House-passed small business tax relief bill which would provide some $14 billion in small business tax breaks, extend some key expired programs affecting cities, and adopt a number of NLC-supported proposals to modify municipal retirement programs.

Extension of key local programs could be held up in wage battle

Prince says the government offered partial compensation for those changes with the flow-through share scheme, but investors found exploration was more lucrative for tax breaks than actually finding mines.

Lack of tax incentives discouraging exploration; activity by smaller firms falls off

It also provides information on tax breaks on new gas fields which are expected to check the rising gas imports in the UK

Research and Markets: UK Changes Tax Laws for North Sea Exploration and Production Activities to Drive Investments and Check Rising Gas Imports

The legal analysis on which Democrats are relying has not yet been tested in court, but it likely will be after the session because of its potential wide-reaching implications for the large variety of tax breaks available in Oregon.

House Democrats move to slash tax break for some businesses

WASHINGTON -- The House rushed through a last-minute measure Wednesday to extend a massive package of expired tax breaks for banks, investment firms, commuters and NASCAR track owners.