282,653 views
16 votes
16 votes
Does exemption means relief?

User Tony Cronin
by
3.2k points

1 Answer

22 votes
22 votes

Answer:

Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items. Examples include exemption of charitable organizations from property taxes and income taxes, veterans, and certain cross-border or multi-jurisdictional scenarios.

Step-by-step explanation:

Hope it helps you my friend

Good morning friend

Have a good day

User Rick Mangi
by
2.7k points