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tax exemption |
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tax exemption, immunity from the requirement of paying taxes. Federal, state, and usually local law provide exemption from taxation for a wide variety of organizations, usually not-for-profit, such as churches, colleges, universities, health care providers, various charities, civic leagues, labor unions, trade associations, social clubs, and political organizations. Such policies date back to 1894, when the U.S. Congress passed income tax laws that provided exemptions for certain institutions. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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introduced the Healthy Workforce Act to provide tax incentives to businesses, particularly small and medium-sized employers, that provide opportunities for their employees to lead healthier lives and prevent chronic illness. Furthermore, by locating in the Saskatoon region, companies can benefit from local property tax incentives that are offered to new and expanding companies. Missing from the House package: Billions of dollars in energy tax incentives and the Senate's boost in fuel-economy standards. |
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Tax Incentives
