tax credit definition, meaning - what is tax credit in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “tax credit”

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tax credit

noun [C] uk   us  
an amount of money that is taken off the amount of tax you must pay
Translations of “tax credit”
in Chinese (Traditional) 稅額減免,抵減稅額…
in Chinese (Simplified) 税额减免,抵减税额…
(Definition of tax credit from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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