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Synonyms for EXEMPT: protected, immune, privileged, inviolate, pure, shielded, secure, inviolable; Antonyms of EXEMPT: susceptible, open, vulnerable, exposed, endangered
Apr 25, 2024 · For tax purposes, some organizations, transactions, or types of income may not be subject to tax and therefore are considered tax-exempt. For example, the IRS may grant nonprofit or charitable organizations tax-exempt status. This definition of exempt vs. nonexempt differs from the FLSA exempt meaning, which focuses on an employee's classification.
exempt somebody/something (from doing something) Charities were exempted from paying the tax. exempt somebody/something from something His bad eyesight exempted him from military service. Small businesses are expressly exempted from the requirements of this legislation.
The meaning of EXEMPTION is the act of exempting or state of being exempt : immunity. How to use exemption in a sentence.
EXEMPTED definition: 1. past simple and past participle of exempt 2. to excuse someone or something from a duty…. Learn more.
Definition of exemption noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Exempt definition: to free from an obligation or liability to which others are subject; release. See examples of EXEMPT used in a sentence.
