tax benefit Meaning in the Cambridge English Dictionary
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Meaning of “tax benefit” in the English Dictionary

"tax benefit" in Business English

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tax benefitnoun [C]

uk   us   (also tax advantage) TAX
a ​reduction in the ​amount of ​tax that a ​person or ​organization would ​normally have to ​pay in a particular ​situation, for doing something that the ​government is ​trying to encourage: There are some very attractive ​taxbenefits to ​investing in these ​bonds.
(Definition of tax benefit from the Cambridge Business English Dictionary © Cambridge University Press)
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