The phrase "award taxes" refers to taxes that need to be paid on any money or goods that are received as an award or prize. It means that if you win something like money, a car, or a vacation, you may have to pay some taxes on it. Full definition
This plan would just award a tax credit instead of a carbon credit. (grist.org)
The first $ 250 in award taxes, fuel surcharges, airfare, or airline fees per calendar year are refunded to you as a statement credit. (milevalue.com)
Cuomo's 2015 - 16 proposed budget accuses IDAs of awarding tax breaks to companies that don't always create jobs or invest in new equipment and buildings. (newsday.com)