Exempt
61Exempt-Interest Dividend — A distribution from a mutual fund that is not subject to income tax. Exempt interest dividends are often associated with mutual funds that invest in municipal bonds. While exempt interest dividends are not subject to federal income tax, they may… …
62Exempt Commodity — Any commodity other than an excluded or agricultural commodity. Transactions in an exempt commodity may only be between eligible contract participants or commercial entities, and cannot be executed on a trading facility. This serves as a residual …
63Exempt Income — Certain types or amounts of income not subject to federal income tax. Examples of exempt income include municipal bond income, which may also be exempt from state income taxes, a portion of retirement benefits, qualified Roth IRA distributions… …
64Exempt Wholesale Generator — (EWG) An unregulated subsidiary of an electric utility that is allowed to generate and sell wholesale power as an independent energy producer, and is exempt from the Public Utility Holding Company Act of 1935. An EWG is a category of power… …
65Exempt secretary — For another meaning, see exempt employee Exempt secretary ( ru. освобожденный секретарь) was a management position in some organizations of governing position (such as the Communist Party of the Soviet Union, CPSU) in the Soviet Union. Virtually… …
66exempt input tax — Input tax incurred on goods and services purchased which are wholly used, or to be used, in making exempt supplies. After the method has been applied, this value will include the exempt element of residual input tax identified by the partial… …
67exempt private company — A family company that was exempt from filing its financial statements with the Registrar of Companies. The exempt private company was created by the Companies Act (1948) and abolished by the Companies Act (1967). The small companies and medium… …
68exempt private company — A family company that was exempt from filing its financial statements with the Registrar of Companies The exempt private company was created by the Companies Act (1948) and abolished by the Companies Act (1967). The small company and medium sized …
69exempt income — Income that is not subject to state and/or federal taxation. Certain income may be exempt from federal but not from state taxation, and vice versa (e.g., tax exempt bond interest) …
70exempt income — Income that is not subject to state and/or federal taxation. Certain income may be exempt from federal but not from state taxation, and vice versa (e.g., tax exempt bond interest) …
