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tax advantage

/tæks ədˈvɑːntɪdʒ/

1 entry

phrase

/tæks ədˈvɑːntɪdʒ/C1formalbusiness
  • ruФинансовая выгода или уменьшение налоговых обязательств, предусмотренные налоговым законодательством, такие как вычеты, кредиты или освобождения, часто используемые для стимулирования определенных видов экономической деятельности или инвестиций.

A financial benefit or reduction in tax liability provided by tax laws, such as deductions, credits, or exemptions, often used to encourage certain economic activities or investments.

  1. Financial benefit from tax rulesB2formal

    A reduction in the amount of tax owed, or a financial benefit provided by tax laws, such as deductions, credits, or exemptions.

    ruНалоговая льгота

    • Investing in a retirement account offers a significant tax advantage.
    • Homeowners can claim a tax advantage for mortgage interest payments.
    • The new law provides a tax advantage for small businesses.