tax break

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  • noun

Synonyms for tax break

a tax deduction that is granted in order to encourage a particular type of commercial activity

References in periodicals archive ?
Winemakers in Wales are calling for tax breaks equal to those that beer and cider companies enjoy - with claims taxes of more than PS2 per bottle could prevent the industry from growing further.
The tax break was initially created as part of a more palatable exercise in political sausage-making in 2013.
WASHINGTON -- In an almost annual ritual, Congress has passed a last-minute package of temporary tax breaks, sparing millions of businesses and individuals from unwanted tax increases just weeks before start of filing season.
Until now they have received the tax break only if they also work from home such as holding surgeries.
As ofJanuary 1, more than 50 different tax breaks expired and will likely increase the tax bills of some metalcasting facilities if these provisions are not renewed, including:
These observers were less certain about the prospects for other tax breaks that benefit charity, however.
At the time of the 2010 general election, David Cameron promised a tax break worth PS150 to married couples by allowing the income tax allowances of non-working spouses to be transferred.
Byline: GRAHAM HISCOTT on why Government needs to stop giving big firms tax breaks
Using stock option tax breaks, Facebook was able to give its executives the ability to purchase stock at dirt-cheap prices.
The Conservative general election manifesto pledged to introduce a marriage tax break, and the commitment was included in the coalition agreement.
The owner of New Hampshire Motor Speedway will get a tax break on future capital investments at the Loudon track as part of what has been dubbed a $70 million extension of the "NASCAR tax break," which is included in the deal Congress forged around New Year's to avoid going off the so-called "fiscal cliff.
No company should get a tax break for outsourcing jobs," Obama said.
Following the refurbishment of the Breakers hotel in Palm Beach, it is now seeking a tax break given for renovated historic buildings, which would be worth an estimated $600,000 over ten years.
The 2008 purchase of Wachovia relied on a tax break that Congress is never said to have approved.