1. A reduction in tax burden or tax obligations imposed by a government, typically implemented as an economic stimulus measure
The government announced a fiscal relaxation to boost economic growth.
O governo anunciou um relaxamento fiscal para impulsionar o crescimento econômico.
2. The easing or loosening of tax enforcement and collection
The relaxation of fiscal policies led to increased consumer spending.
O relaxamento das políticas fiscais levou a um aumento do gasto dos consumidores.