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Tax Holiday
(redirected from Tax free weekend)

Also found in: Wikipedia

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Tax Holiday

A government incentive program that offers a tax reduction to foreign investors.

Notes:

Used in the hopes of increasing domestic GDP, tax holidays are a way in which governments attract foreign investors.

See also: Foreign Direct Investment - FDI, Foreign, GDP, Taxes

Tax holiday

A reduced tax rate that a government provides as an inducement to foreign direct investment.

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