exempt
101exempt persons — Importers who are not registered for VAT or registered taxable persons who are reimporting goods other than in the course of their business. HM Customs & Revenue Glossary …
102exempt supply — A supply for which no tax is payable and in respect of which Input tax cannot be claimed. HM Customs & Revenue Glossary …
103exempt haulers — Truckers who aren t regulated by the Interstate Commerce Commission …
104exempt from military service — is not required to serve in the military …
105exempt from taxes — not obligated to pay taxes …
106exempt gilts — In the UK, government gilt edged security that pay interest gross, unlike ordinary gilts, on which tax is deducted from interest payments. These gilts are of particular interest to foreign buyers and others, such as institutions, who do not pay… …
107exempt unit trust — A unit trust in which only institutional investors who are not subject to taxation are allowed to invest, i. e. it is restricted to charities and pension funds …
108exempt rating — /ɪg zempt ˌreɪtɪŋ/ noun the legal right of a business not to add VAT to the prices of some products or services …
109exempt supplies — /ɪgˌzempt sə plaɪz/ plural noun products or services on which the supplier does not have to charge VAT …
110exempt property — In a bankruptcy proceeding, the possessions that an individual is allowed to keep (i.e., protect against seizure) if he or she loses a lawsuit to a creditor or files for Chapter 7 bankruptcy. In general, one can keep such basic items as… …