Concessionally Taxed

Business, Legal & Accounting Glossary

Definition: Concessionally Taxed


Concessionally Taxed


Full Definition of Concessionally Taxed


The condition of an asset or source of income being taxed at a lower effective rate, as in the case of savings, benefits or retirement plans. These items may receive reduced taxes through rebates, exemptions, rate reductions, or postponements, with the intent to encourage certain types of saving or investing, or to reduce the tax burden on certain categories of individuals, companies, or organizations.


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Concessionally Taxed. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/concessionally-taxed/.
Chicago Manual of Style (CMS):
Concessionally Taxed. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/concessionally-taxed/ (accessed: March 28, 2024).
American Psychological Association (APA):
Concessionally Taxed. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/concessionally-taxed/

Definition Sources


Definitions for Concessionally Taxed are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.