Direct reductions in the amount of taxes that must be paid, dependent upon meeting some legal criteria are referred to as _____.
A. tax abatements
B. grants
C. tax credits
D. debts
Answer: C
Direct reductions in the amount of taxes that must be paid, dependent upon meeting some legal criteria are referred to as _____.
A. tax abatements
B. grants
C. tax credits
D. debts