tax-exempt
101Tax levies — A Tax levy, under United States Federal law, is an administrative action by the Internal Revenue Service (IRS) under statutory authority, without going to court, to seize property to satisfy a tax liability. The levy includes the power of… …
102exempt — ex|empt1 [ıgˈzempt] adj [Date: 1300 1400; : Latin; Origin: exemptus, past participle of eximere; EXAMPLE] not affected by something, or not having to do it or pay it exempt from ▪ The interest is exempt from income tax . ▪ Children are exempt… …
103tax liability — The amount in taxes a taxpayer to the government. Bloomberg Financial Dictionary Supplies may be standard rated, zero rated, reduced rate or exempt. This is their VAT liability. If supplies are neither zero rated nor exempt, they must be liable… …
104exempt input tax — Input tax incurred on goods and services purchased which are wholly used, or to be used, in making exempt supplies. After the method has been applied, this value will include the exempt element of residual input tax identified by the partial… …
105Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy …
106Tax protester constitutional arguments — UStaxationTax protester constitutional arguments are assertions that the imposition of the federal income tax violates the United States Constitution. These kinds of tax protester arguments are distinguished from related statutory arguments and… …
107tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… …
108Tax patent — A tax patent is a patent that discloses and claims a system or method for reducing or deferring taxes. Tax patents are granted predominantly in the United States but can be granted in other countries as well. [ [http://www.delphion.com/details?pn …
109tax — n. & v. n. 1 a contribution to State revenue compulsorily levied on individuals, property, or businesses (often foll. by on: a tax on luxury goods). 2 (usu. foll. by on, upon) a strain or heavy demand; an oppressive or burdensome obligation. v.tr …
110exempt — [ɪg zɛm(p)t, ɛg ] adjective free from an obligation or liability imposed on others: these patients are exempt from all charges. verb make exempt. noun a person who is exempt from something, especially the payment of tax. Derivatives exemption… …
