tax incentive
noun[C]
TAX,GOVERNMENTukusareductionintaxesthatencouragescompaniesorpeopleto do something that willhelpthe country'seconomy:
Taxincentivesworthmillionsbroughtdozens ofcompaniesand thousands of newjobsto theregionlastyear.
A newinitiativeofferstaxincentivestohouseholdswhichreducetheirannualoutputofwaste.