"Tax exemption" means that certain individuals or organizations do not have to pay taxes on their income or certain types of transactions. They are exempt from the obligation to pay taxes that others are required to pay. Full definition
Destiny's application to the county's industrial development agency is unusual because businesses normally go to the city's industrial development agency for tax exemptions for projects in the city. (syracuse.com)
A total of 38 states offer property tax exemptions for solar installations. (blog.aurorasolar.com)
All assets whose values exceed the federal estate tax exemption of $ 5 million is taxed. (efinancial.com)