What does tax-exempt mean?

tax-exempt

Word Rarity Rare

Frequency: 3.76 in modern English

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adj

"As a religious charity it is tax-exempt, so all money collected goes to its good works."
"Like other tax-exempt nonprofits, AIEF must file a Form 990 every year with the IRS, but donors are redacted from the version that is made accessible to the public."

tax exemption

tax exemption

How to pronounce tax-exempt

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