tax concession
Frequency: 7.813.0 per million words
A reduction in the amount of tax someone has to pay.
Categories:
Examples (10)
- The government offers a tax concession to attract foreign investment.
- The company was granted a significant tax concession for building its new factory in a developing region.
- First-time homebuyers may be eligible for a special tax concession.
- To stimulate the economy, the new budget includes a major tax concession for small businesses.
- The government is considering offering further tax concessions to the renewable energy sector.
- The corporation lobbied hard for a tax concession on its research and development spending.
- Thanks to a generous tax concession, the startup was able to hire more employees.
- If the company meets its environmental targets, it will receive a tax concession.
- Is this tax concession available to all entrepreneurs or only those in the tech industry?
- While the tax concession was designed to help local industries, critics argue it disproportionately benefits large corporations.