TAX ADVANTAGE

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

An advantage bestowed by legislation that reduces a tax on some preferred activity

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("tax advantage" is a kind of...):

advantage; vantage (the quality of having a superior or more favorable position)

Credits

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