0 a period when people or companies do not have to pay any tax or not as much tax as usual on goods, services, or profits:
The country has said it is reviewing the five-year tax holidays that many foreign firms currently enjoy.
The pre-Christmas sales tax holiday wasn't enough to persuade consumers to start spending again.
NIEUWE WOORDEN
European
May 10, 2021
WOORD VAN DE DAG
Shimmer
tax holiday