Investopedia / Theresa Chiechi Tax-exempt refers to income or transactions that are free from tax at the federal, state, or local level. The reporting of tax-free items may be on a taxpayer's ...

Journal Editorial Report: The week's best and worst from Jason Riley, Allysia Finley, and Kyle Peterson. Photo: Kevin C. Cox/Getty Images/Adam Gray/Bloomberg News/Billy Tompkins/Zuma Press Editor ...

An executive order the president signed Wednesday will eliminate the “de minimis provision” for goods from China and Hong ...

Then, on Feb. 12, the GSA issued an internal memo claiming a “class exemption” from Biden’s PLA requirement. Both the GSA and the DOD told Construction Dive they do not comment on ongoing ...

FIRST ON FOX: The House of Representatives' top lawmaker on taxation is urging the Internal Revenue Service (IRS) to revoke the tax-exempt status of a nonprofit linked to former Georgia ...

The club sought tax-exempt status with the IRS by submitting Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. On the form, the ...

But drivers of one class of vehicle can still enjoy free road tax. As of April 1, 2025, vehicles built before January 1, 1985, now qualify for historic vehicle status, granting them exemption from ...

The fair market value as of 1st April 2001 cannot be higher than the stamp duty value of the property on that date.((iStockphoto)) If we sell our residential house for, say, ₹50 lakh, do we have ...

The American Alliance for Equal Rights claims these practices violate federal law and seeks to revoke the organizations' tax-exempt status. What AAER said about Gates Foundation and other non ...

The measure would deal a blow to multinationals with subsidiaries in Brazil, which now benefit from exemptions on remittances under a 1995 corporate income tax law that the government is looking ...

The Lula administration has consistently stated that the proposal to raise income tax exemptions would be fiscally neutral, with the president himself underscoring it at an event on Tuesday where ...

PHOTO/FILE Government has proposed to exempt startups from income tax for three years from the date of commencement under the Income Tax (Amendment) Bill, 2025. In a March 25 Bills Supplement ...