Tax holiday

A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment. Tax holidays have been granted by governments at national, sub-national, and local levels, and have included income, property, sales, VAT, and other taxes. Some tax holidays are extra-statutory concessions, where governing bodies grant a reduction in tax that is not necessarily authorized within the law. In developing countries, governments sometimes reduce or eliminate corporate taxes for the purpose of attracting foreign direct investment or stimulating growth in selected industries.

单词	Tax holiday
释义	Tax holiday 原声例句 VOA Special 2019年6月合集 Tax holidays, financial aid for research and development and co-funding for investments are among the incentives from different agencies, they added. 他们补充称，不同机构的激励措施包括减税、研究资金支援和合作投资。 CNN 听力 2023年9月合集 So across state houses and federal government, people are calling for a gas tax holiday to help keep the price of gas lower. 州议会大厦与联邦政府的人员呼吁实施汽油税假期，以帮助保持较低的汽油价格。 PBS访谈环境系列 It does. So there are some mild negatives that come from the higher taxes, especially the payroll tax credit that we-or payroll tax holiday we talked about. Even higher income tax rates are negative for growth. 确实如此。因此，较高的税收会带来一些轻微的负面影响，尤其是我们谈到的工资税减免或工资税假期。更高的所得税率对增长不利。英语百科 Tax holiday A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment. Tax holidays have been granted by governments at national, sub-national, and local levels, and have included income, property, sales, VAT, and other taxes. Some tax holidays are extra-statutory concessions, where governing bodies grant a reduction in tax that is not necessarily authorized within the law. In developing countries, governments sometimes reduce or eliminate corporate taxes for the purpose of attracting foreign direct investment or stimulating growth in selected industries.
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