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Definition of Tax credit
1. Noun. A direct reduction in tax liability (not dependent on the taxpayer's tax bracket).
Lexicographical Neighbors of Tax Credit
Literary usage of Tax credit
Below you will find example usage of this term as found in modern and/or classical literature:
1. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"24) does not affect the total tax credits allowed to the taxpayer or any other
tax credit available to the taxpayer. Rather, it simply reduces the otherwise ..."
2. Making Things Better: Competing in Manufacturing (1993)
"One possible explanation for a moderate impact at the low range of estimates is
that the tax credit for R&D is only one stimulus. ..."
3. Federal Options for Reducing Waste Disposal by Terry Dinan (1995)
"AN INVESTMENT tax credit FOR RECYCLING Under an investment tax credit for recycling,
businesses would be allowed to subtract a portion of the cost of ..."
4. Affordable Housing Through Historic Preservation: A Case Study Guide to by William F. Delvac, Susan M. Escherich, Bridget Hartman (1995)
"The rehabilitation tax credit is, in fact, two credits: 20 percent for rehabilitation
of a "certified historic structure" (known as the historic ..."
5. Living Without Health Insurance: Hearing Before the Committee on Finance, U edited by Charles E. Grassley (2001)
"For example, we estimate that in 1999 22 million uninsured Americans were in
families that potentially would have been eligible for a tax credit available ..."
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