bn:00032200n
Noun Concept
Categories: Tax and fiscal policy, Tax terms
EN
exemption  tax exemption  exemption from tax  exemption from taxation  tax-exempt
EN
A deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.) WordNet 3.0
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EN
A deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.) WordNet 3.0 & Open English WordNet
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Wikipedia
Monetary exemption of persons, property, income, or transactions from taxes that would otherwise be levied on them Wikidata
EN
Additional exemptions are allowed for each dependent WordNet 3.0 & Open English WordNet