a reduction made by the government in the amount of tax that a particular group of people or type of organization has to pay or a changein the tax system that benefits those people
Massive subsidies and tax incentives were given to encourage the formation of giantindustrial complexes.
Examples of 'tax concession' in a sentence
tax concession
The government tax concession to encourage the provision of rooms to let is also not as attractive as it once was.
Times, Sunday Times (2014)
There may be huge pressure to limit these tax concessions.
Times, Sunday Times (2007)
Schools benefit from income tax concessions and business rate exemptions.
Times, Sunday Times (2010)
The amended bail-out included new tax concessions and bank guarantees.
The Sun (2008)
However, his solution relies on making even further tax concessions to the super-rich.
Times, Sunday Times (2008)
She also attacked tax concessions for big businesses.
Times, Sunday Times (2012)
There is no shortage of lobbyists with hopelessly optimistic demands for tax concessions.
Times, Sunday Times (2015)
Here are some little-known tax concessions.
Times, Sunday Times (2018)
One study found they have received a 2,000 per cent return on their campaign donations in tax concessions or other breaks.