tax exempt
Legally without levies
Tax exempt describes income, organizations, or transactions not subject to taxation.
Nonprofits, charities, and religious institutions often hold tax-exempt status, meaning they don't pay income tax on donations received.
Certain purchases may be tax exempt: The church bought supplies tax exempt.
Tax-exempt bonds pay interest that isn't taxed by federal or state governments.
- nonprofitOrganization serving public good
- nonprofit organizationMission-focused entity, not profit-seeking
- charityVoluntary aid for others
- public charityOrganization serving community welfare
- charitable givingDonating to help others
deduction · donation · shelter · loophole · IRS · foundation · church · write-off · haven · status · filing · income · revenue · offshore · charitable · tithe · inheritance · property
- nonprofitscharity shop, charity organizations, nonprofit, nonprofits, charities
- taxationVAT, withholding, deductions, deduction, taxpayers
- exemptions
- international taxarm's length, offshore income, bilateral treaty, CRS, host country
- taxeswithholding, VAT, GST, customs duty, FICA
- bondsbond, corporate bond, corporate bonds, government bond, municipal bond
tax liability status
tax exempttaxable
Subject to government levy
taxed · dutiable · assessable · non-exempt · chargeable
tax, exempt, taxes, taxed, taxing, taxation, taxable, taxpayer, exempts