tax sparing

English - Turkish

Definition of tax sparing in English Turkish dictionary

Korumalı mahsup

English - English

Definition of tax sparing in English English dictionary

A provision where a country applies a tax credit against taxes owed on foreign income that is equivalent to the tax exemption provided by the foreign country. Tax sparing policies are especially important to developing countries in their effort to attract investment

Hyphenation

tax spar·ing

Turkish pronunciation

täks sperîng

Pronunciation

/ˈtaks ˈsperəɴɢ/ /ˈtæks ˈspɛrɪŋ/