What is another word for Tax Exemption?

Pronunciation: [tˈaks ɛɡzˈɛmpʃən] (IPA)

Synonyms for the phrase "Tax Exemption" include "tax-free status", "tax immunity", "tax forgiveness", "tax deduction", and "tax abatement". These terms refer to the benefits granted to individuals or organizations that are exempt from paying income tax. Tax exemption may be granted for a variety of reasons, such as charitable donations or certain types of business activity. The use of synonyms for the term "tax exemption" helps to provide a clearer understanding of the financial benefits associated with this status. Different phrases may be used in different contexts, allowing for a more nuanced conversation about tax policy and its impact on individuals and businesses.

What are the hypernyms for Tax exemption?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    fiscal abatement, fiscal allowance, fiscal benefit, fiscal break, fiscal concession, fiscal incentive, fiscal inducement, fiscal offset, fiscal privilege, fiscal reduction, fiscal reward.

Related words: tax exemptions, tax breaks, tax deductions, tax relief

Related questions:

  • What is a tax exemption?
  • How to apply for a tax exemption?
  • Where can you find a tax exemptions?
  • What are the benefits of a tax exemption?
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