tax reform
noun[CorU]
TAX,FINANCE,GOVERNMENT,ECONOMICSukuschangesin thetaxsystem, or aparticularset of thesechanges:
People willrealizethattaxesaren't going muchlower, and there won't be anymajortaxreform.
Thefinanceministerannouncedapackageoftaxreformstoencourageenterprise.