tax exemption (Q1608)
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Being exempt from tax means that no tax is charged on an activity or transaction that is usually subject to taxation. An example is firms in energy efficiency agreements getting tax exemptions for meeting targets or losing them if they fail.
- exempt from tax
- exempt from taxes
- tax exemptions
- exempt from taxation
- exempt from tariffs
- tariff exempt
- exempt from customs duty
- exempt from customs duties
- exempt from import duty
- exempt from import duties
- exempt from excise duty
- exempt from excise duties
- tax break
- tax breaks
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | tax exemption |
Being exempt from tax means that no tax is charged on an activity or transaction that is usually subject to taxation. An example is firms in energy efficiency agreements getting tax exemptions for meeting targets or losing them if they fail. |
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Statements
Being exempt from tax means that no tax is charged on an activity or transaction that is usually subject to taxation. An example is firms in energy efficiency agreements getting tax exemptions for meeting targets or losing them if they fail.