tax benefits
The Spanish term 'beneficios fiscales' translates into English as 'tax benefits'. Tax benefits are advantages provided by tax laws to reduce tax liability, and these are designed by agencies of the government to promote certain behaviors or to aid taxpayers in economic need. These benefits can take the form of tax deductions, tax credits, tax exemptions, and tax shelters, among others. In essence, 'beneficios fiscales' are incentives given to individuals or businesses that can reduce the amount of tax they owe.
Companies can take advantage of the tax benefits offered by the government.
This phrase illustrates how businesses can benefit from specific tax incentives provided by government regulations.
The tax benefits facilitate investment in sustainable projects.
This example highlights the role of tax benefits in encouraging investments in environmentally friendly initiatives.
It is important to understand the tax benefits available to better plan finances.
Here, the phrase emphasizes the necessity of recognizing available tax benefits for effective financial planning.