a tax deduction that is granted in order to encourage a particular type of commercial activity
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. Today they'll consider tax breaks for businesses that create jobs in inner cities. a special reduction in taxes
tax break
Türkische aussprache
täks breyk
Aussprache
/ˈtaks ˈbrāk/ /ˈtæks ˈbreɪk/
Etymologie
[ 'taks ] (transitive verb.) 14th century. Middle English, to estimate, assess, tax, from Old French taxer, from Medieval Latin taxare, from Latin, to feel, estimate, censure, frequentative of tangere to touch; more at TANGENT.