tax advantage vs vantage

tax advantage and vantage both are nouns.

Word	Noun	Adjective	Verb	Adverb
tax advantage	Yes	No	No	No
vantage	Yes	No	No	No

As nouns, vantage is a hypernym of tax advantage; that is, vantage is a word with a broader meaning than tax advantage:

tax advantage: an advantage bestowed by legislation that reduces a tax on some preferred activity
vantage: the quality of having a superior or more favorable position

Other hypernyms of tax advantage include advantage.

tax advantage (noun)	vantage (noun)
an advantage bestowed by legislation that reduces a tax on some preferred activity	the quality of having a superior or more favorable position
	place or situation affording some advantage (especially a comprehensive view or commanding perspective)