tax advantage
Noun 1. an advantage bestowed by legislation that reduces a tax on some preferred activity (hypernym) advantage, vantage | ||||
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Tax advantage definition was found in categories: Language, Idioms & Slang(1) Encyclopedia(1)
Tax advantage Definition from Language, Idioms & Slang Dictionaries & Glossaries
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tax advantage
tax advantage
n : an advantage bestowed by legislation that reduces a tax on some preferred activity
tax advantage
n : an advantage bestowed by legislation that reduces a tax on some preferred activity
Tax advantage Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Tax advantage
Tax advantage refers to the economic bonus which applies to certain accounts or investments that are, by statute, tax-reduced, tax-deferred, or tax-free. The most obvious examples are Retirement plans, but investments in many state or municipal bonds can also be exempt from certain taxes. Governments establish the tax advantaged status of these investments to encourage private individuals to contribute money when it is considered to be in the public interest.
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