any reduction in government revenue through preferential tax treatment, as deductions or credits.
noun 1. bracket creep.
adjective 1. tax-exempt (def 1). adjective 1. not needing to have tax paid on it: tax-free savings schemes
noun 1. a person who collects taxes.
noun 1. a foreign country or corporation used to avoid or reduce income taxes, especially by investors from another country. noun 1. a country or state having a lower rate of taxation than elsewhere tax haven definition A place that levies very low taxes or none at all on foreigners. Note: Monaco and various small […]