Tax incentive

1. Tax and treasury.

Tax incentives usually are tax-beneficial legal structures, designated physical locations, investments, activities, financial arrangements or instruments that are intended by the revenue authority to give exemption from - or reduce liability to - different forms of taxation.

Tax incentives are designed by the tax rule-setting authorities to encourage particular wanted activities, contrasted with unintended tax "loopholes" and over-aggressive tax planning.

This kind of tax incentives are also known informally as tax breaks.

2.

Additional tax - or less favourable tax treatment - attaching to activities, or omissions, that the tax rule-setting authority wants to discourage.

See also

• Advance tax ruling
• Business rates
• Capital Gains Tax
• Capital tax
• Carbon tax
• Charge
• Claims and elections
• Cliff edge
• Code
• Concession
• Corporation Tax
• Customs duty
• Determination
• Direct tax
• Directive
• Double tax treaties
• Double taxation
• Duty
• Ethics
• Federal Corporate Income Tax
• Foreign tax credit
• Framework
• Global minimum corporate tax rate
• Good practice
• Governance
• Guidance
• Incentive
• Income Tax
• Indirect tax
• Inheritance tax
• Internal Revenue Code (IRC)
• Jurisdiction
• Landfill Tax
• Law
• Legislation
• Levy
• Marginal rate of tax
• National Insurance
• OECD model tax convention
• Output tax
• Payroll tax
• Preferential tax regime
• Principle
• Profit after tax
• Profit before tax
• Regime
• Regulation
• Reporting
• Reputational risk
• Rules
• Sales Tax
• Standards
• Stealth tax
• Supertax
• Surcharge
• Tax
• Tax arbitrage
• Tax avoidance
• Tax base
• Tax compliance
• Tax credit
• Tax depreciation
• Tax evasion
• Tax harmonisation
• Tax haven
• Tax planning
• Tax rate
• Tax relief
• Tax risk
• Tax ruling
• Tax shelter
• Tax shield
• Tax yield
• Treasury
• Trust
• UK Bank Levy
• Value Added Tax (VAT)
• Wealth tax
• Withholding tax