Definition of tax break in English:

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tax break

Pronunciation: /ˈtaks ˌbrāk/

noun

informal
A tax concession or advantage allowed by a government.
Example sentences
  • For all but the very wealthy, the tax break from dividends would be meager.
  • Make sure you take advantage of the repatriation tax break just like the big boys.
  • So, if there's a tax break on interest payments, savvy companies should favor debt over equity.
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