If the government gives a tax break to a particular group of people or type of organization, it reduces the amount of tax they have to pay or changes the tax system in a way that benefits them.
[mainly US]
Today they'll consider tax breaks for businesses that create jobs in inner cities. [+ for]
tax break in British English
(tæks breɪk)
noun
another name for tax concession
In other languages
tax break
British English: tax break NOUN
If the government gives a tax break to a group of people or type of organization, it reduces the amount of tax they have to pay.
Today they'll consider tax breaks for businesses that create jobs in inner cities.