exemption

5 definitions • 6 examples

special permission not to do or pay something:

exemption from Candidates with a qualification in chemistry have exemption from this course.

Organizations may qualify for exemption from income tax if they operate exclusively as charities.

the fact of not having to obey a rule or do something that other people have to do:

[ U ] He was granted exemption from military service during World War II.

An exemption is a particular amount of money that is not taxed:

[ C ] a tax exemption

special permission not to do or pay something:

exemption from sth Formula One was granted an exemption from a ban on tobacco advertising.

exemption from doing sth Can the parent company claim exemption from preparing a cash flow statement?

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