tax credit


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Related to tax credit: Child tax credit, Investment tax credit

tax credit

n
(Social Welfare) (in Britain) a social security benefit paid in the form of an additional income tax allowance
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax credit - a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)
reduction, step-down, diminution, decrease - the act of decreasing or reducing something
References in periodicals archive ?
Thirty-five other states also have historic tax credits, but the majority of them are a state version of the federal historic tax credit, the news release said.
If you meet all the following requirements, you'll receive a tax credit worth up to:
12 January 2018 - Texas, US-based Alvarez and Marsal Taxand, LLC (A and MTax) has expanded its tax credit expertise with the addition of Texas-based tax credit and incentives company TRCG Advisors, the company said.
In its sixth survey of owners of properties financed with federal low-income housing tax credits from the Low-Income Housing Tax Credit (LIHTC), CohnReznick found that housing tax credit properties are operating better than any period in the program's history, an encouraging sign as the study also details the rising number of low-income renters who need affordable housing.
The Structure and Impact of Specific State Tax Credit Programs
Cherrytree formed the equity partnership and closed the state and federal tax credit equity financing for the highly visible developments, raising over USD 2 million in tax credit equity from individual investors.
John Koskinen, the IRS commissioner, talked about how the structure of a tax credit program can affect the fraud rate Thursday, at a hearing in Washington organized by the Senate Finance Committee.
guilty beyond reasonable doubt of two counts of graft for causing injury to the government in the grant of tax credit by the Department of Finance (DOF) under the One Stop Shop tax credit program.
Tory MP Stephen McPartland - who has accused David Cameron of breaking an election promise on tax credits - is my unlikely hero of the week.
TAX credits are a "lifeline" for Wales' lowpaid households, according to the Bevan Foundation.
TAX credits are a "lifeline" for Wales' low paid households, according to the Bevan Foundation.
The tax credit may be paid in advance by the federal government directly to health plans and health insurers on a monthly basis, starting at the point of enrollment.