Definitions
There is 1 meaning of the phrase
Tax Benefit.
Tax Benefit - as a noun
A tax deduction that is granted in order to encourage a particular type of commercial activity
Synonyms (Exact Relations)
tax breakExample Sentences
"The tax benefit of owning a home is that you can deduct mortgage interest."
"Charitable donations can provide tax benefits for individuals and corporations."
"Investing in renewable energy projects can lead to significant tax benefits."
"Tax-exempt municipal bonds offer tax benefits to investors."
"Contributing to a retirement account can result in long-term tax benefits."