Tax credit

{
  "id": "MLC-T-ENV-027688",
  "term": "Tax credit",
  "field": "Environment",
  "term_source": "Tax Credit",
  "definition": "Tax Credits allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability designed to encourage certain kinds of activities or to aid taxpayers in special circumstances.",
  "subject": [
    "Social and economic factors",
    "Information management and systems"
  ],
  "references": [
    "EPA BRM; EPA Web Taxonomy-Functions",
    "EPA BRM"
  ],
  "url": "https://mlchart.com/terminology/environment/tax-credit/"
}