Meaning of “tax benefit” in the English Dictionary

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"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)