Invertext Online Technical Dictionary

tax break

noun  

beneficio fiscal

Definition 1

Tax advantage for a particular activity or spending item.

Source: Invertext, from the Oxford Dictionary of Finance and Banking


Context: The [Dutch] Labour party has called for more gradual spending cuts and said that the VVD’s refusal to cut tax breaks for homeowners on mortgage interest payments amounts to a subsidy to the rich.

Source: Financial Times 09/06/2010 (Michael Steen in Amsterdam)

Appears in the following subjects

Banking