tax rebate

tax rebate
tax rebate UK US noun [C] TAX, FINANCE
an amount of money that is paid back to you if you have paid too much tax: »

More than 2 million taxpayers will receive checks totaling $1 billion because of the federal tax rebate program.

a reduction in the amount of tax that has to be paid on something: »

They are negotiating a property tax rebate for elderly home-owners.


Financial and business terms. 2012.

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Look at other dictionaries:

  • tax rebate — /ˈtæks ribeɪt/ (say taks reebayt) noun an amount subtracted from gross tax payable. Compare tax deduction …  

  • tax rebate — A repayment of tax paid. A repayment claim must be made and approved by an Inspector of Taxes and the refund due to the taxpayer will be made by the Collector of Taxes following the Inspector s instructions …   Accounting dictionary

  • tax rebate — A repayment of tax paid. A repayment claim must be made and approved by an Inspector of Taxes and the refund due to the taxpayer will be made by the Collector of Taxes following the Inspector s instructions …   Big dictionary of business and management

  • Kicker (Oregon tax rebate) — The Oregon tax rebate, commonly referred to as the kicker, is a rebate given to both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the …   Wikipedia

  • Rebate — Rebate* Rebate (marketing), a type of sales promotion used in marketing * Rabbet (also spelled rebate ), a woodworking term * Tax rebate, a reduction in taxation demanded * UK rebate, a return of money paid by the United Kingdom for the European… …   Wikipedia

  • Tax bracket — Tax brackets are the divisions at which tax rates change in a progressive tax system (or an explicitly regressive tax system, although this is much rarer). Essentially, they are the cutoff values for taxable income mdash; income past a certain… …   Wikipedia

  • rebate — Negotiated return of a portion of the interest earned by the lender of stock to a short seller. When a stock is sold short, the seller borrows stock from an owner or custodian and delivers it to the buyer. The proceeds are delivered to the lender …   Financial and business terms

  • rebate — noun ADJECTIVE ▪ big, generous, substantial ▪ full, maximum ▪ cash (esp. AmE) ▪ The maximum cash rebate available is about $4 800 …   Collocations dictionary

  • rebate — Discount; deduction or refund of money in consideration of prompt payment. A deduction from a stipulated premium on a policy of insurance, in pursuance of an antecedent contract. A deduction or drawback from a stipulated payment, charge, or rate… …   Black's law dictionary

  • rebate — re|bate [ˈri:beıt] n [Date: 1600 1700; Origin: rebate to make a rebate (15 21 centuries), from Old French rabattre to beat down again ] an amount of money that is paid back to you when you have paid too much tax, rent etc ▪ You may be entitled to …   Dictionary of contemporary English

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