tax incentive
Government-offered financial motivation
A tax incentive is a provision in tax law designed to encourage specific behavior by reducing tax burden.
Governments offer tax incentives for activities they want to promote: The state offers tax incentives for companies that create jobs, There are tax incentives for installing solar panels.
Common forms include deductions, credits, exemptions, and reduced rates.
Reduction in owed amount
- deductionConclusion from premises
- exemptionRelease from requirement
- creditRecognition or payment deferral
- rebateReturned portion of payment
write-off · depreciation · offset · abatement · allowance · shelter · deferral · relief
Motivating factor or offer
- enticementSomething that attracts
- incentivizationCreating reward-based motivation
- encouragementSupport spurring continued effort
- stimulusWhat prompts a reaction
spur · catalyst · attraction · driver · impetus · motivator · appeal · draw
Profit from asset sales
- enterprise zoneTax-break district for businesses
- venture capitalStartup growth financing
- startupNew business enterprise
- depreciationAsset value reduction over time
equipment · real estate · renewable energy · green energy · business expansion · job creation · manufacturing · reinvestment
Official enactment of statutes
- regulationOfficial rules governing conduct
- tax codeLaws governing taxation
- fiscal policyState spending and taxation
- reformImprove by correcting faults
statute · compliance · enforcement · government · administration · IRS · treasury · eligibility
tax break
Reduction in owed amount
- deductionConclusion from premises
- exemptionRelease from requirement
- creditRecognition or payment deferral
rebate · write-off · depreciation · offset · abatement · allowance · shelter · deferral · relief · concession
inducement
Motivating factor or offer
- enticementSomething that attracts
- incentivizationCreating reward-based motivation
- encouragementSupport spurring continued effort
stimulus · spur · catalyst · attraction · driver · impetus · motivator · appeal · draw · boost
capital gains
Profit from asset sales
- enterprise zoneTax-break district for businesses
- venture capitalStartup growth financing
- startupNew business enterprise
depreciation · equipment · real estate · renewable energy · green energy · business expansion · job creation · manufacturing · reinvestment · tax-advantaged
legislation
Official enactment of statutes
- regulationOfficial rules governing conduct
- tax codeLaws governing taxation
- fiscal policyState spending and taxation
reform · statute · compliance · enforcement · government · administration · IRS · treasury · eligibility · qualifying
- business taxestax returns, tax filing, tax deductions, deductions, taxable income
- corporate taxcorporate tax, corporation tax, corporate taxation, taxable income, tax liability
- property taxproperty tax, real estate tax, assessed value, property tax bill, tax bill
- taxationtax, income tax, sales tax, tax return, tax refund
- subsidiesfarm subsidies, subsidy, agricultural subsidies, crop subsidies, energy subsidies
- trade zonesfree trade zone, trading hub, economic zone, free zone, trade hub
tax incentivetax penalty
Charge for tax noncompliance
sin tax · surtax · excise tax · luxury tax · windfall tax
tax incentivemandate
Formal authoritative directive
penalty · prohibition · sanction · punitive measure · disincentive
tax incentivelegal requirement
taxing, incentive, taxed, taxes, overtax, untaxed, nontaxable, tax incentives, undertax