What does tax credit mean?

Definitions for tax credit
tax cred·it

This dictionary definitions page includes all the possible meanings, example usage and translations of the word tax credit.

Princeton's WordNet

  1. tax creditnoun

    a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)


  1. Tax credit

    A tax credit is a sum deducted from the total amount a taxpayer owes to the state. A tax credit may be granted for various types of taxes, such as an income tax, property tax, or VAT. It may be granted in recognition of taxes already paid, as a subsidy, or to encourage investment or other behaviors. In some systems tax credits are 'refundable' to the extent they exceed the relevant tax. Tax systems may grant tax credits to businesses or individuals, and such grants vary by type of credit.

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How to say tax credit in sign language?


  1. Chaldean Numerology

    The numerical value of tax credit in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of tax credit in Pythagorean Numerology is: 5

Examples of tax credit in a Sentence

  1. Josh Goldstein:

    If that ability to monetize the tax credit goes away, you have gigawatts and gigawatts of projects that were supposed to be built over the next two to three years that are very much in jeopardy.

  2. Michael Bennet:

    I think it's a reason why we should be making permanent the child tax credit because it would really help people that are struggling with inflation right now.

  3. Jacob Hall:

    The average Iowan is not going to get a tax credit like the one Apple got, and they certainly aren't going to have highly paid lobbyists up at the Capitol advocating for their behalf, advocating for their beliefs, advocating for their values.

  4. Senator Rubio:

    Senator Rubio has consistently communicated to the Senate tax negotiators that Senator Rubio vote on final passage would depend on whether the refundability of the child tax credit was increased in a meaningful way.

  5. The GAO:

    Surveys GAO identified estimated that the uninsured rate declined significantly among households with incomes eligible for the APTC (Advanced Premium Tax Credit).

Translations for tax credit

From our Multilingual Translation Dictionary

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"tax credit." Definitions.net. STANDS4 LLC, 2023. Web. 31 May 2023. <https://www.definitions.net/definition/tax+credit>.

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    an impression that something might be the case
    • A. elation
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