tax holiday

tax hol·i·day

T t

Definitions of tax holiday words

noun tax holiday a period of time during which the government reduces or suspends the collection of a tax, as payroll, property, or sales tax: The state legislature declared a hurricane preparedness tax holiday for items like flashlights and battery-powered radios. 1
noun tax holiday a period during which tax concessions are made for some reason; examples include an export incentive or an incentive to start a new business given by some governments, in which a company is excused all or part of its tax liability 0
noun tax holiday A tax holiday is a period during which a person or company is allowed to pay no tax or less tax than usual. 0

before 1945

One of the 6% newest English words

First recorded in 1945-50

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adjective

verb

adverb

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preposition

conjunction

determiner

exclamation

This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

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