Definitions
There is 1 meaning of the phrase
Tax Advantage.
Tax Advantage - as a noun
An advantage bestowed by legislation that reduces a tax on some preferred activity
Example Sentences
"The tax advantage of owning a home is that you can deduct mortgage interest from your taxable income."
"Investing in a retirement account offers tax advantages as any earnings are tax-deferred until withdrawal."
"By investing in renewable energy, businesses can take advantage of tax credits and other tax advantages."
"One tax advantage of being self-employed is that you can deduct certain business expenses from your income."
"Investing in municipal bonds provides a tax advantage as interest income from these bonds is generally exempt from federal income tax."
