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

"tax break" in British English

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tax breaknoun [C]

 us   /ˈtæks ˌbreɪk/
a ​change in the ​law that ​results in the ​opportunity to ​pay less in ​taxes: With this ​change, high-income ​people will get a ​taxbreak.
(Definition of tax break from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"tax break" in American English

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tax breaknoun [C]

 us   /ˈtæks ˌbreɪk/
a ​change in ​law that ​results in the ​opportunity to ​pay less in ​taxes: With this ​change, high-income ​people will get a tax break.
(Definition of tax break from the Cambridge Academic Content Dictionary © Cambridge University Press)

"tax break" in Business English

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tax breaknoun [C]

uk   us   US informal TAX
tax benefit : The Secure Future Energy ​Actprovidestaxbreaks for US ​oil and ​gasproducers.
(Definition of tax break from the Cambridge Business English Dictionary © Cambridge University Press)
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