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tax credit

British  

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

Example Sentences

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The study said a federal film tax credit could increase U.S. production spending by $125 billion and add more than 143,000 jobs by 2035.

From Los Angeles Times ● Sep. 24, 2026

But stacking a federal tax credit on top of the newly bolstered California production incentives could help give the state an edge when producers are pricing out location shoots, industry experts say.

From Los Angeles Times ● Sep. 24, 2026

"Importantly, that is the baseline. That is the minimum," Bonta said, noting that production commitments could surge by up to 700% if Congress passes a federal film tax credit.

From BBC ● Sep. 21, 2026

Pay attention to a recent bipartisan bill to expand the child tax credit.

From The Wall Street Journal ● Sep. 13, 2026

Some draw on government help in the form of food stamps, housing vouchers, the earned income tax credit, or—for those coming off welfare in relatively generous states—subsidized child care.

From "Nickel and Dimed: On (Not) Getting By in America" by Barbara Ehrenreich

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