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tax break
busin., amer.	Steuererleichterung f; Steuervergünstigung f
tax.	Steuerabbau m; Steuersenkung f; Steuerermäßigung f
English thesaurus
tax break
econ.	The term tax break refers to a benefit the government offers that reduces your total tax liability. Tax breaks are made possible by tax laws and typically come in the form of credits and deductions. Other tax breaks include exemptions and excluding certain types of income from your state or federal tax return. (investopedia.com A.Rezvov)