Related topics: Tax
ˈtax break noun [countableC] PETa special reduction in taxes 减税优惠 tax breaks for small businesses 给小企业的减税优惠
tax break• Any advantage that a tax break can achieve, a subsidy can accomplish just as easily.• a tax break for small business owners• Because the tax break for mortgage interest would disappear, the finances of home ownership would change.
From Longman Business Dictionary
tax breakˈtax break noun [countableC]TAXECONOMICS a special reduction in taxes that the government allows for a particular purposeA temporary investment tax credit would provide a tax break to businesses that invest in equipment.