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tax credit

noun

  1. (in Britain) a social security benefit paid in the form of an additional income tax allowance
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

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They described them as jobs bills that will reward the productions that generate the most employment and will not allow companies to use the tax credits until after production has wrapped.

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Bass said she will continue to push for expanded tax credits for the entertainment industry, while also searching for ways to cut filming costs locally.

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When he raised the idea of a tax credit, Sheehy mentioned a similar effort underway in Montana, and “it seemed like a very natural fit for the both of us,” Schiff said.

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To entice production back to California, state legislators are proposing to increase its film tax credit to cover up to 35% of qualified expenditures for movies and TV series shot in the Los Angeles region.

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In another era, when the heated debate is over whether to extend a tax credit for first-time homeowners by three years or five, it would be good counsel to remember politeness.

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