释义 |
tax advantage ThesaurusNoun | 1. | tax advantage - an advantage bestowed by legislation that reduces a tax on some preferred activityadvantage, vantage - the quality of having a superior or more favorable position; "the experience gave him the advantage over me" |
Tax Advantage
Tax AdvantageAny act or structure that reduces the amount of tax one pays. For example, one may derive a tax advantage by investing in a tax-exempt bond as opposed to a corporate bond (on which one pays taxes). Numerous tax advantages are built into tax codes in order to encourage certain behavior. For example, in the United States, one derives a tax advantage from writing off the interest on one's mortgage. This structure exists to encourage homeownership.tax advantage
Words related to tax advantagenoun an advantage bestowed by legislation that reduces a tax on some preferred activityRelated Words |