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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 tax benefits to investing in these bonds.
(Definition of tax benefit from the Cambridge Business English Dictionary © Cambridge University Press)
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