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

"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 Act provides tax breaks for US oil and gas producers.
(Definition of tax break from the Cambridge Business English Dictionary © Cambridge University Press)
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