HyperDic: tax_credit

English > 1 sense of the expression *tax credit*:
NOUN	possession	tax credit	a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)

English > *tax credit*: 1 sense > noun 1, possession
Meaning	A direct reduction in tax liability (not dependent on the taxpayer's tax bracket).
Broader	decrease, diminution, reduction, step-down	The act of decreasing or reducing something
Spanish	crédito fiscal, crédito imponible, crédito tributario, deducción fiscal