tax-exempt
11tax-exempt — /taks ig zempt /, adj. 1. not subject or liable to taxation: tax exempt imports. 2. providing income that is not taxable: tax exempt municipal bonds. n. 3. a tax exempt security. [1920 25] * * * …
12tax exempt — Term pertains to property used for educational, religious, or charitable purposes which is ordinarily exempted by law from assessment for taxes; or to certain bonds issued by the federal government or a State or one of its subdivisions. Interest… …
13tax-exempt — adjective Describing something that is not taxed. As a religious charity it is tax exempt, so all money collected goes to its good works …
14tax-exempt — adj. Tax exempt is used with these nouns: ↑status …
15tax exempt — adjective tax exempt savings, income etc are not taxed …
16tax-exempt status — ► the condition of being tax exempt: »The settlement preserved the tax exempt status of the bonds issued, thereby protecting investors. »We are studying the impact of the federal tax exempt status provided to college athletic departments. Main… …
17tax-exempt income — Income that is specifically made exempt from taxation by Congress, such as certain Social Security benefits, tax exempt interest, welfare benefits, nontaxable life insurance proceeds, and nontaxable pension income. Category: Back Taxes & Tax Debt …
18tax exempt entity — USA An entity that is generally exempt from paying federal and state taxes. The entity generally must apply for a federal and state determination that it is exempt from taxes. Certain income of a tax exempt entity may still be subject to tax,… …
19Tax exempt bond premium laundering — is an alleged practice of U.S. securities firms in the early 2000s to shelter capital gains income by improperly accounting for losses on tax exempt bonds. [http://www.bloomberg.com/apps/news?pid=20601039 refer=columnist mysak sid=a Df5OghyryY]… …
20tax exempt special savings scheme — (TESSA) A special bank or building society savings account that offered tax free interest provided that the account was maintained for a fixed period of five years. TESSAs were replaced by individual savings accounts (ISAs) from 6 April 1999… …
