Tax break is a term referring to any item which avoids taxes, including any tax exemption, tax deduction, or tax credit. It is also used in the United States to refer to favorable tax treatment of any class of persons.
As of 2013, expansion and exploitation by major corporations of like-kind exchanges, originally intended to relieve family farmers of capital gains tax when swapping land or livestock, was cited by The New York Times as an example of the need for tax reform.
Electric vehicles would cost more under a Coalition government, after Peter Dutton confirmed he would scrap a popular tax break for EV drivers in an apparent backflip that has caused confusion and anger among clean car advocates.
(MENAFN - The Conversation) If elected, the Coalition has pledged to end Labor's substantial tax break for new zero- or low-emissions vehicles. This, combined with an earlier promise to roll back ... .
PresidentNikos Christodoulides on Thursday announced new tax incentives aimed at encouraging skilled Cypriots working abroad to return home, as part of a broader strategy to transform “brain drain” into “brain gain”.
The Senate’s tax committee added $70 million of its own tax breaks ... The final compromise involved paring down tax breaks and pushing them into fiscal 2027, so lawmakers next year would have to figure out how to pay for them.
The latest example are reports that the Trump administration may create a tax break for U.S ... the goals of Trump’s 2017 tax reform, which simplified the corporate code by eliminating sundry tax breaks.
Four and a half years later, last November, he declared victory, telling a European People’s Party conference that 300,000Greeks abroad have returned to the country since the tax break was introduced.
Calamonte said the company was focusing on “delivering value” for its customers in a “volatile environment” amid rapidly changing plans for tariffs and tax breaks on imported goods in the US.
Australians buying a fully-electric car would miss out on tax breaks should Peter Dutton win next month's election ... Australians thinking of buying a fully-electric car would miss out on tax breaks should Peter Dutton win next month's election.
Year after year, costing the taxpayer lost tax revenue, higher insurance costs, and daily maintenance.The city continues to give an out-of-state millionaire millions in tax breaks, (aka the Hoover Co.
Measures include ditching inheritance tax breaks for overseas trusts, raising capital gains tax to 24pc for higher earners and taxes on pensions inherited as part of estates from April 2027 ... breaks.
The top Democrat and Republican in the Maine Senate are backing a property tax relief compromise that may run into cost-related hurdles in a tight state budget environment ... 15 on improving the property tax process and reducing Maine’s tax burden.
A tax break for middle-class families, a capital gains surcharge for the rich ... “If Washington insists on handing billionaires another tax break, we will ensure some of that windfall comes back to the ...
... backfill a portion of Trump’s planned tax cuts, which includes an extension to the 2017 Tax Cuts and Jobs Act and creating new tax breaks, such as no tax on tips, overtime or Social Security benefits.