Sentences with phrase «to be exempt»

In case, after underwriting, your premium is increased due to any existing medical condition, your maturity proceeds may not be exempt from tax.

There are some people who are considered «judgment proof» because everything they have is exempt under state law.

However, these entities may or may not be exempt from federal taxation.

First, financing for the project came through a combination of Low Income Housing Tax Credits and bond issues which are exempt from taxes.

These entities would then run the schools while being exempt for the state's laws on competitive bidding, purchasing and the use of outside consultants.

If a fund investor is resident in the state of issuance of the bonds held by the fund, interest dividends may also be exempt from state and local income taxes.

100 percent of wages are exempt if you work for a charitable organization or received state or federal relief within the year prior to filing.

And in 19 states where charter schools are exempt from state pension participation requirements, charter schools are offering their teachers more portable and flexible retirement benefits.

No - one is exempt from state police power.

All municipal bonds are exempt from federal income taxes.

The medical center was within the evacuation zone that had been declared the day before, but hospitals and nursing homes were exempt because of the risks of moving patients.

This is a more complicated area of the law, and a trustee's advice should be sought to determine if your RRSP through a life insurance company is exempt in a bankruptcy.

As a general rule, death benefits from a life insurance policy are exempt from income tax.

These plans are exempt from taxation, making them great tax - free incentives.

Dogs over 10 are exempt as service dogs are retired by that age (and statistically, after the age of 10, cancer is considered a disease of old age).

The student will be an exempt individual for 5 calendar years.

Certain property is exempt from bankruptcy liquidation and may not be used to satisfy the claims of your creditors.

In addition, shareholder - employees are exempt from paying taxes on the fringe benefits they receive.

These are attractive for tax purposes because municipal bond interest is exempt from federal taxes.

The death benefit is exempt from income taxes, although, in some circumstances, beneficiaries may have to pay estate taxes.

Some people are exempt from the health insurance mandate, however.

Your local attorney can explain what assets are exempt in your state.

Not all distributions from municipal bond funds are exempt interest dividends.

Borrowers with a service - connected disability are exempt from paying this.

(d) Licensed pet shops, commercial kennels, municipal and / or county animal care facilities, and licensed pet rescue organizations are exempt from the requirements of this section.

High school students are exempt from tuition, but are responsible for course and program fees and the cost of textbooks.

Investing resources into a 10 year treasury note is often considered favorable due to federal government securities being exempt from state and local income tax.

This eventually led us to lose our home to foreclosure and to file bankruptcy, but our student loans were exempt from discharge.

Certain breeds of dog are exempt from insurance policies.

(As many have pointed out, churches are exempt).

At present, income up to Rs 1.6 lakh a year is exempt from income tax for men.

More importantly, though, your retirement accounts are exempt when filing bankruptcy so it makes no sense.

Moreover, the maturity amount is exempt from tax deduction at source as long as the sum assured is more than five times the premium paid for the policies.

Business - to - Business Calls: Most phone calls to a business made with the intent to solicit sales from that business are exempt from the Do Not Call provisions.

Some government payments are exempt from income tax but you still need to declare them on your tax return.

The developing countries are exempt from mandatory emission controls, since the vast majority of the emissions to date have not been caused by them.

Even better — provided the investment is held for three years — any capital gains are exempt from tax.

If you intend to purchase another home, your sale proceeds are exempt for up to two years, but this can not be doubled when married.

A person who provides trading services by providing information only is exempt from being licensed.

When a person is killed on active service their estate is exempt from inheritance tax.

Student earnings from work - study programs are exempt and won't count against you when it comes to your financial aid.

All out - of - state government pensions are exempt.

Please understand payout from the plan in the event of death of the subscriber will still be exempt from tax.

Small group pros and cons Small groups are exempt from pay or play.

A person who provides trading services by providing information is exempt from the need for licensing.

However, for the remaining 14 years — when you lived in the property as your principal residence — any appreciation in value is exempt from capital gains tax.

Dogs are welcome for a fee; service animals are exempt.