tax advantage

1. 1.

   an advantage bestowed by legislation that reduces a tax on some preferred activity

   Broaderadvantage

Questions about tax advantage

What does tax advantage mean?

tax advantage means "an advantage bestowed by legislation that reduces a tax on some preferred activity".

Is tax advantage a common word?

tax advantage is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.