noun
- the state of being free from an obligation, duty, or liability that applies to others
- an amount of income that is not subject to tax
Usage: tax law
Examples
- Students received an exemption from the final exam if they maintained perfect attendance.
- Religious organizations often qualify for tax exemption status.
- The military draft included exemptions for certain medical conditions.
- She claimed a dependent exemption for her elderly mother on her tax return.
- The new law provides exemptions for small businesses with fewer than ten employees.
- His exemption from jury duty was approved due to his work as a doctor.
- The charity’s exemption from property taxes saved them thousands of dollars annually.