Usually means: Reduction or elimination of taxes.
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We found 10 dictionaries that define the word tax relief:

General (9 matching dictionaries)
  1. tax relief: Longman Dictionary of Contemporary English
  2. tax relief: Oxford Learner's Dictionaries
  3. tax relief: Collins English Dictionary
  4. tax-relief: Wordnik
  5. tax relief: Cambridge Advanced Learner's Dictionary
  6. tax relief: Wiktionary
  7. tax relief: TheFreeDictionary.com

Business (1 matching dictionary)
  1. tax relief: Finance-Glossary.com

Definitions from Wiktionary (tax relief)

noun:  A reduction in the amount of tax that an individual or company has to pay.

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