tax benefit
9
3.7
- noun
- /tæks ˈbɛnɪfɪt/
- Specialized
:
beneficio fiscal
- The new tax reform introduced several tax benefits aimed at encouraging renewable energy investments.
- federal tax benefits
- receive tax benefits
Why not allow people a tax benefit for seeing the poor?
- Why not allow people a tax benefit for seeing the poor?
- But if you create jobs, you get tax benefits.
- The point of owning real estate is for the cash flow and the tax benefits to wipe out that cash flow.
- Aside from those three amazing tax benefits.
- So this is one of those areas where employees get no tax benefit and business owners and investors get great tax benefits.
- I see that I think that people are going to keep buying real estate for purely appreciation and tax benefits.
- It just means selling stuff at a loss so that you can reap that tax benefit.
- And then you'll get your tax benefits and you're in.
- So, you know, tax benefits, the stocks don't give you that.
- But again, I mean the the tax benefits, they just cannot be ignored.
- Well, if you buy well and you it can cash flow and you get tax benefits as well.
Examples
-
Yet there are real financial benefits to marriage, such as some tax benefits in some circumstances and social security benefits.
Blog text (7) -
If an employer provides any kind of retirement plan, then its employees cannot access the same federal tax benefits outside the employer plan.
Academic text (2016) -
In exchange for this service, nonprofit hospitals are classified as charities and receive millions of dollars in tax benefits.
Academic text (2005) -
Employees are also given seminars on personal finance and on the tax benefits of supplemental retirement options and estate planning.
Academic text (1997) -
The empowerment-zone tax benefits include an employer wage credit and increased automatic expensing.
Academic text (1993) -
Finally, our finance team informed us that they had run the numbers and that the tax benefit, provided we bring the settlement in under 600mn and within this fiscal year, that the write-off on this settlement would essentially pay for itself.
-
Many small business owners take advantage of the tax benefit for hiring employees during their first year of operation.
-
Claiming a tax benefit for home office expenses can help reduce your overall taxable income.
Synonyms
98
3.0
A smaller tax people or companies must pay to encourage certain activities
3
3.5
A rule that lets you pay less tax on certain income or investments
Antonyms
- Specialized
10
5.1
Total amount of tax a person or business must pay to the government
How Beneficial
- Specialized
148
3.2
- Specialized
9
3.7
- Specialized
22
3.4
- Formal
27
5.1
- Specialized
20
3.3
Surface Forms
Morphology
The meaning is directly and compositionally derived from 'tax' (a government charge) + 'benefit' (an advantage), so a B1 learner who knows both constituents can infer it refers to an advantage or relief related to taxes (e.g. a deduction or exemption). This formation is cross-linguistically common and follows standard noun-noun composition, so despite some technical specifics, the core meaning is transparently accessible.
Etymology
Tax benefit comes from a simple image: the government gives you a small benefit by lowering or removing part of your tax bill to help or encourage certain activity. So, Tax benefit means a rule that reduces taxes to give 'financial relief' or to 'encourage' something.