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Meaning of tax abatement | Babel Free

Noun CEFR B2

Definitions

An incentive issued by a government which will reduce or eliminate taxes on real estate in a specific area.

US

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

tax accounting tax assessment tax auditor tax authority tax avoidance tax avoision