Tag Archives: imposed

THE TRUTH ABOUT EXEMPT

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Exempt: v. to fully and/or partially free from a (law and/or obligation) and/or liability imposed on others

A tax exemption for married couples or a special interest organization means that either no tax is paid or a lesser tax is paid than that imposed on others. An exemption may also lead to a privileged status such as a handicapped human being able to park in a handicapped parking space.

To be exempt also means to be fully and/or partially free of a law and/or rule and/or regulation imposed on others. A rule is usually an unofficial obligation and a regulation is frequently an official obligation.

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