tax holiday


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tax holiday

n
(Banking & Finance) a period during which tax concessions are made for some reason; examples include an export incentive or an incentive to start a new business given by some governments, in which a company is excused all or part of its tax liability
References in periodicals archive ?
Governor Scott Walker released the following statement today after the Assembly approved a $100 per child sales tax rebate and a sales tax holiday in August 2018.
ISLAMABAD:Minister of State for Finance Rana Muhammad Afzal has said that tax holiday, granted to businessmen
ISLAMABAD -- Minister of State for Finance Rana Mohammad Afzal has said that tax holiday, granted to businessmen and companies under China Pakistan Economic Corridor projects, would eventually help establish industrial zones across the country.
Due to their especial status, the SEZs would have a 5-year tax holiday besides exemtion of duties and taxes on import of machiney.
Massachusetts will not get its sales tax holiday this year.
Coordinating Minister of Economics Darmin Nasution said that the policy included tax holiday for investors and deregulation.
Brandon Creighton, R-Conroe, would create a sales tax holiday for firearms, ammunition and hunting supplies during the last weekend in August.
around hunting for appliances and furniture on the first day of the weekend-long sales tax holiday.
FINANCE Minister Arun Jaitley extended the 10-year tax holiday companies that start power generation by March 31, 2017.
com)-- Governor Rick Scott recently announced a proposal for a 15-day sales tax holiday on hurricane preparedness supplies, which will help save taxpayers millions of dollars.
The SEZ Law provides financial incentives/exemptions to prospective zone enterprises like custom duties and taxes on import of capital goods (for installation) and tax holiday on income for a period of 10 years.
Would the company be entitled to claim tax holiday benefit?