TAX BENEFIT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does tax benefit mean? 

• TAX BENEFIT (noun)
  The noun TAX BENEFIT has 1 sense:

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

  Familiarity information: TAX BENEFIT used as a noun is very rare.

 Dictionary entry details 

• TAX BENEFIT (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

tax benefit; tax break

Hypernyms ("tax benefit" is a kind of...):

deduction; tax deduction; tax write-off (a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket)