Exemption - Law Dictionary Search Results
Home Dictionary Name: exemption Page: 8 Page 8 of about 254 results (0.002 seconds)Immortality
The quality or state of being immortal exemption from death and annihilation unending existance as the immortality of the soul...
Immediateness
The quality or relations of being immediate in manner place or time exemption from second or interventing causes...
Freedom
The state of being free exemption from the power and control of another liberty independence...
Franchise
Exemption from constraint or oppression freedom liberty...
tentative minimum tax
tentative minimum tax : a tax that to the extent it exceeds regular tax liability is the alternative minimum tax liability and that is determined by adjusting taxable income by adding tax preference items under Internal Revenue Code section 57 and subtracting an exemption amount under section 55 ...
tax-exempt
tax-exempt 1 : exempted from taxation ;also : based on such exemption [ status] 2 : providing interest or income that is exempted from taxation [a municipal bond] ...
tax credit
tax credit : an amount that may be subtracted from the sum of tax otherwise due and that is distinguished from a deduction applied to gross income in the calculation of taxable income compare exemption ...
qualified disclaimer
qualified disclaimer : an irrevocable and absolute refusal to accept a particular interest in the estate of a decedent (as a spouse) that is made in accordance with federal tax requirements and results in favorable tax consequences (as exemption from a gift tax) NOTE: Property disclaimed under a qualified disclaimer is not treated as a gift and is not included in the gross estate of the decedent. Thus property disclaimed by a surviving spouse could pass to his or her children without incurring a gift tax. A disclaiming party cannot, however, direct the disposition of the disclaimed interest and must not have accepted the interest or its benefits (as dividends). ...
indemnity
indemnity pl: -ties 1 a : security against hurt, loss, or damage b : exemption from incurred penalties or liabilities 2 a : indemnification b : something (as a payment) that indemnifies compare contribution ...
Incorruption
The condition or quality of being incorrupt or incorruptible absence of or exemption from corruption...
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