tax holiday

Temporary levy suspension

A tax holiday is a temporary period when a government suspends or reduces certain taxes.

States often declare sales tax holidays before the school year, exempting purchases like clothing and school supplies: The back-to-school tax holiday runs this weekend.

Businesses may receive tax holidays as incentives to relocate or invest in particular areas.

Related

subsidy · incentive · concession · earned income credit · relief · deduction · enterprise zone · back-to-school · fiscal stimulus · economy

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Opposites
tax burden level

tax holidaytax hike

Raised government levy

tax increase · surtax · tax penalty · tax levy · special assessment

fiscal policy intent

tax holidaytax enforcement

Ensuring taxes get paid

austerity measures

Family

tax, holiday, taxes, taxed, taxing, taxation, taxable, taxpayer, holidays

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Timeless · Abstract · Positive · Rated G