1. A reduction or exemption in taxes owed by individuals or businesses, typically implemented by government policy to provide financial assistance or stimulate economic activity
The government announced tax relief for small businesses affected by the pandemic.
O governo anunciou alívio fiscal para pequenas empresas afetadas pela pandemia.
2. A financial benefit or reduction in tax burden
The new policy provides tax relief for low-income families.
A nova política oferece alívio fiscal para famílias de baixa renda.