noun
tax break; preferential tax treatment
Formal term used in policy, business, and legal contexts for measures that reduce tax burden, such as deductions, exemptions, or special rates.
政府は中小企業向けの税制優遇措置を拡充した。
The government expanded tax breaks for small and medium-sized enterprises.
この投資には税制優遇措置が適用されます。
Preferential tax treatment applies to this investment.
Compound of 税制 (tax system), 優遇 (preferential treatment), and 措置 (measures).