tax holiday

 A period during which a firm is exempt from taxes.
 ► Cities and states in the United States will offer a variety of incentives including tax holidays as a way to attract new businesses.

American business jargon. 2014.

Look at other dictionaries:

  • tax holiday — noun A period during which a government makes tax concessions available to business, eg to encourage exports • • • Main Entry: ↑tax …   Useful english dictionary

  • Tax holiday — A tax holiday is a temporary reduction or elimination of a tax. Governments usually create tax holidays as incentives for business investment. The taxes that are most commonly reduced by national and local governments are sales taxes. In… …   Wikipedia

  • tax holiday — A reduced tax rate that a government provides as an inducement to foreign direct investment. Bloomberg Financial Dictionary * * * tax holiday tax holiday ➔ holiday * * * tax holiday UK US noun [C] ACCOUNTING, TAX ► a period when people or… …   Financial and business terms

  • Tax Holiday — A government incentive program that offers a tax reduction or elimination to businesses. Tax holidays are often used to reduce sales taxes by local governments, but they are also commonly used by governments in developing countries to help… …   Investment dictionary

  • tax holiday — A period during which a company, in certain countries, is excused from paying corporation tax or profits tax (or pays them on only part of its profits) as an export incentive or an incentive to start up a new industry …   Accounting dictionary

  • tax holiday — A period during which a company, in certain countries, is excused from paying corporation tax or profits tax (or pays them on only part of its profits) as an export incentive or an incentive to start up a new industry …   Big dictionary of business and management

  • tax holiday — /ˈtæks hɒlədeɪ/ (say taks holuhday) noun a period, usually expressed in years, during which a taxpayer will not have to pay any income tax, usually granted as a concession by a government when it is trying to promote new development in a… …   Australian English dictionary

  • tax holiday — / tæks ˌhɒlɪdeɪ/ noun a period when a new business is exempted from paying tax …   Dictionary of banking and finance

  • tax holiday — (U.K.) Fin an exemption from tax granted for a specified period of time …   The ultimate business dictionary

  • tax holiday — A period in which, by agreement with the relevant government authorities, no *taxation is paid …   Auditor's dictionary

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