TAX EXPENDITURE -A revenue forgone attributable to a provision of the federal tax laws that allows a special exclusion, exemption, or deduction from gross income or provides a special credit, preferential tax rate, or deferral of tax liability.
Some special tax credits relate to farm land.
mnli hypothesis: Some special tax credits relate to farm land. premise: TAX EXPENDITURE -A revenue forgone attributable to a provision of the federal tax laws that allows a special exclusion, exemption, or deduction from gross income or provides a special credit, preferential tax rate, or deferral of tax liability.