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单词 tax abatement
释义

tax abatement

From Longman Business Dictionarytax abatementˈtax aˌbatement noun [countable]TAXCOMMERCE the right to pay a very low rate of tax on something. Tax abatements are often used to encourage businesses to invest in times of difficult economic conditionsThese organizations were set up by local government, and offered public incentives such as tax abatement schemes.
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