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noun (common) (futsuumeishi), noun or participle which takes the aux. verb suru, transitive verb
reduction and exemption (e.g. taxes), mitigation and remission (e.g. in criminal law)
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その地域に工場を設立する外国企業には、税が大幅に減免される。
A generous tax break will be provided to foreign companies that set up factories in the area.
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