What is the meaning of tax benefit?

noun

  • A tax deduction that is granted in order to encourage a particular type of commercial activity.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). tax benefit. Retrieved September 20, 2026, from http://smartdefine.org/tax_benefit/definitions/1242709
ChicagoWordNet. 2010. "tax benefit" http://smartdefine.org/tax_benefit/definitions/1242709 (accessed September 20, 2026).
HarvardWordNet 2010, tax benefit, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/tax_benefit/definitions/1242709>.
MLAWordNet. "tax benefit" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/tax_benefit/definitions/1242709>