- tax-exempt organization
- An organization which, because of its character, particularly as religious, charitable, or educational, is exempt from taxation.
Ballentine's law dictionary. Anderson, W.S.. 1998.
tax-exempt organization
Look at other dictionaries:
tax-exempt — I noun a security that is not subject to taxation • Syn: ↑tax exempt security • Hypernyms: ↑security, ↑certificate II adjective (of goods or funds) not taxed (Freq. 1) … Useful english dictionary
tax-exempt — tax ex,empt adjective if something is tax exempt, you do not have to pay tax on it: tax exempt savings a. a person or organization that is tax exempt does not have to pay tax … Usage of the words and phrases in modern English
tax-exempt — ▪ I. tax exempt ˈtax exˌempt 1 noun [countable] TAX an investment on which you do not have to pay tax: • There is strong investor demand for tax exempts. [m0] ▪ II. tax exempt tax exempt 2 adjective … Financial and business terms
tax-exempt — UK / US adjective 1) if something is tax exempt, you do not have to pay tax on it tax exempt savings 2) a person or organization that is tax exempt does not have to pay tax … English dictionary
IRS Publication 557: Tax-Exempt Status for Your Organization — A document published by the Internal Revenue Service (IRS) that details the rules and regulations that have to be followed by an organization in order to obtain tax exempt status. IRS Publication 557 provides guidance as to required forms and… … Investment dictionary
tax exemption — A personal exemption of a fixed amount, as determined by statute, to be deducted from gross income in determining the taxable income of a person. Internal Revenue Code § 151. A dependent constituting a personal exemption in computation of taxable … Ballentine's law dictionary
Tax forms in the United States — are used by taxpayers and tax exempt organizations to report financial information to the Internal Revenue Service (IRS). They are used to report income and calculate taxes owed to the government of the United States. TOC Federal tax forms 990… … Wikipedia
tax exemption — tax exempt tax exempt 2 adjective TAX 1. tax exempt investments, savings, income etc are not taxed: • a tax exempt savings account • issuers of tax exempt bonds 2. an organization that is tax exempt does not have to pay ta … Financial and business terms
Tax increment financing — Tax Increment Financing, or TIF, is a public financing method which has been used for redevelopment and community improvement projects in the United States for more than 50 years. With federal and state sources for redevelopment generally less… … Wikipedia
Tax exemption — A tax exemption is an exemption from all or certain taxes of a state or nation in which part of the taxes that would normally be collected from an individual or an organization are instead foregone.Normally a tax exemption is provided to an… … Wikipedia
