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tax-favored asset
tax-free
tax haven
tax holiday
tax incentive
tax inspector
tax lien
tax loss
tax man
tax rate
tax relief
tax return
tax sale
tax shelter
tax subsidy
tax year
taxa
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tax-deductible
tax-de·duct·i·ble


adjective 
Definition:
 
reducing tax: used to describe an expenditure that can be deducted from taxable income to lower the amount of tax owed by a person or business
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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