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Home > QFINANCE Dictionary > Definition of tax subsidy

Definition of

tax subsidy

Tax

special lowering of taxes for business a tax reduction that a government gives a business for a particular purpose, usually to create jobs.

Related definitions of "tax subsidy"

tax subsidy - Related Articles
  • Malaysia

    QFINANCE Country Profiles

    Prime Minister Razak has pledged to restructure subsidies, introduce new taxes, and tackle the country’s race-based system of economic preferences, but the government has failed to implement some key tax and subsidy reforms.

  • Egypt

    QFINANCE Country Profiles

    However, since 2005, Cairo has aggressively pursued economic reforms to encourage inflows of foreign investment and facilitate GDP growth. In 2005, Prime Minister Ahmed Nazif’s government reduced personal and corporate tax rates, reduced energy subsidies, and privatized several enterprises

  • Switzerland

    QFINANCE Country Profiles

    of investment support is available. The types of support available include assistance or subsidy with land or premises, waiving of work permit requirements, tax holidays up to 10 years, cheap energy, and training subsidies.

  • Indonesia

    QFINANCE Country Profiles

    In February 2009, the government sanctioned a US$6 billion stimulus package that included tax breaks, cuts in electricity subsidies, and increased spending on transport and infrastructure. Suharso Monoarfa, deputy chairman of the parliamentary committee, said that the package would curb rising

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Definitions of ’tax subsidy’ and meaning of ’tax subsidy’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’tax subsidy’ and other financial terms with our online QFINANCE Financial Dictionary.

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