Deduction, exclusion, or exemption from a tax liability, offered as an enticement to engage in a specified activity (such as investment in capital goods) for a certain period.
Use 'tax incentive' in a Sentence
You should find out if there is a tax incentive for doing things a certain way and if there is then proceed with it.
We got a tax incentive and I asked what it meant and I was informed about how it worked and what it meant for us.
Despite the numerous additional tax incentives, we still need more cash on hand if we are to remain financially solvent
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