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tax expenditure

any reduction in government revenue through preferential tax treatment, as deductions or credits. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for tax expenditure
  • tax expenditure estimates are not the same as estimates of the revenue impact of repealing a tax expenditure item.
  • The largest tax expenditure is for employer-provided health care benefits.
  • It is not an attempt to judge the merits of any particular tax expenditure.
  • Concerning tax expenditure reform to provide transparency and accountability in fiscal matters.
  • For the same reason, this status is not listed as a tax expenditure.

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