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TAX BENEFIT

(noun)
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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 break

Example 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."
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