单词 | tax abatement |
释义 | tax abatementDefinition Reduction of or exemption from taxes granted by a government for a specified period, usually to encourage certain activities such as investment in capital equipment. A tax incentive is a form of tax abatement. Use 'tax abatement' in a SentenceWe were glad to be granted tax abatement, which meant we would have some time to invest without the burden of a tax on our heads. You may want to apply for a tax abatement if you think that you are deserving of it and want to save some money. |
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