What TAX-EXEMPT INCOME means: Income that by law is not subject to income tax.
- Definition Tangible Personal Property:
- Dictionary Property, other than real property, that has a physical existence and an intrinsic value. Examples are livestock, machinery, equipment, and vehicles 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 Trust:
- Dictionary created by a trust agreement. This entity distributes all or part of its income to beneficiaries as instructed by the trust agreement. This entity is required to pay taxes on undistributed income tax-exempt income what is.
- Definition Temporary Assignment:
- Dictionary A work assignment is considered to be temporary if, at the time the assignment begins, it can be expected to last one year or less tax-exempt income meaning.
How works Tax-Exempt Income meaning in Tax definitions T .