tax concession

Frequency: 7.813.0 per million words

A reduction in the amount of tax someone has to pay.

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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.