Definition of Tax advantage
1. Noun. An advantage bestowed by legislation that reduces a tax on some preferred activity.
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Lexicographical Neighbors of Tax Advantage
Literary usage of Tax advantage
Below you will find example usage of this term as found in modern and/or classical literature:
1. Model Tax Convention on Income and on Capitalby Oecd, Organisation for Economic Co-operation, (Paris) Organisation for Economic Co-ope, OECD Staff, Development. by Oecd, Organisation for Economic Co-operation, (Paris) Organisation for Economic Co-ope, OECD Staff, Development. (2000)
"Thus, the initial tax advantage of the sheltering would normally be eliminated. However, this taxation which offsets the original tax advantage may also be ..."
2. Fundamental Reform of Personal Income Tax by SourceOECD (Online service) (2006)
"In fact, this indirect approach reduces the tax advantage only for those who borrowed to finance the investment, but does not abolish the tax advantage for ..."
3. Environmental Performance Reviews by Organisation for Economic Co-operation and Development, United Nations Economic Commission for Europe. Committee on Environmental Policy (2006)
"Since 1991, diesel fuel has benefited from a considerable tax advantage over gasoline ... The tax advantage for diesel fuel should be progressively reduced, ..."