tax exemption - meaning and definition. What is tax exemption
Diclib.com
ChatGPT AI Dictionary
Enter a word or phrase in any language 👆
Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

  • how the word is used
  • frequency of use
  • it is used more often in oral or written speech
  • word translation options
  • usage examples (several phrases with translation)
  • etymology

What (who) is tax exemption - definition


Tax exemption         
MONETARY EXEMPTION FROM TAXES THAT WOULD OTHERWISE BE LEVIED
Tax-exempt; Tax-exempt status; Tax exempt status; Tax-exempt organization; Tax exempt; Tax Exemption; Exemption from taxation; Tax exemptions; Exemption from tax; Tax free; Tax exemption for religious organizations; Tax relief
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.
tax relief         
MONETARY EXEMPTION FROM TAXES THAT WOULD OTHERWISE BE LEVIED
Tax-exempt; Tax-exempt status; Tax exempt status; Tax-exempt organization; Tax exempt; Tax Exemption; Exemption from taxation; Tax exemptions; Exemption from tax; Tax free; Tax exemption for religious organizations; Tax relief
Tax relief is a reduction in the amount of tax that a person or company has to pay, for example because of expenses associated with their business or property.
...mortgage interest tax relief.
N-UNCOUNT
Tax Free         
DUTCH ROCK BAND
Tax-exempt; Tax-exempt status; Tax exempt status; Tax-exempt organization; Tax exempt; Tax Exemption; Exemption from taxation; Tax exemptions; Exemption from tax; Tax free; Tax exemption for religious organizations; Tax relief
Tax Free was a Dutch band from Amsterdam. It was founded by singer Wally Tax in 1969 after disbanding of The Outsiders.
Examples of use of tax exemption
1. The company received tax exemption on imported equipment.
2. Also, tax exemption is financing an escalation of coaches‘ salaries.
3. The Budget proposes to increase the income tax exemption limit from Rs 1,00,000 to Rs 1,10,000.
4. They should also consider providing some form of tax exemption to ease the plight of employers.
5. Haq said that the government would give one–month tax exemption to the cinema owners.