What TAX-EXEMPT INCOME means: Income that by law is not subject to income tax.
- Definition Tax Preference Items:
- Dictionary Tax items that may result in the imposition of the alternative minimum tax tax-exempt income definition.
- Definition Tax Court:
- Dictionary The U.S. Tax Court is one of three trial courts of original jurisdiction that decide litigation involving federal income, death, and gift taxes tax-exempt income explain.
- Definition Taxable U.S. Domestic Corporation:
- Dictionary An organization incorporated in and doing business with the intent to make a profit in the United States. Examples are H&R Block, General Motors, and IBM tax-exempt income what is.
- Definition Tax Benefit Rule:
- Dictionary provides that the amount of an expense recovered must be included in income in the year of the recovery to the extent the original expense resulted in a tax benefit. The most common example is a tax-exempt income meaning.
How works Tax-Exempt Income meaning in Tax definitions T .