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单词 exemption
释义 exemption

exemption // noun

PERSONAL EXEMPTION, TAX EXEMPTION

1 [U,C]

official permission not to do sth or pay sth that you would normally have to do or pay:

Graduates in accounting may qualify for exemption from some professional examinations.

The law contains a small-business exemption (= it does not apply to small businesses).

The UK is seeking exemptions from US tariffs for its steel producers.

❖ to apply for/claim/qualify for/seek (an) exemption

◆ to enjoy/secure/win (an) exemption

◆ to give/grant (an) exemption (to sb)

2 [C]

an amount of income, profit, etc. on which you do not have to pay tax; a product or service on which tax is not charged:

a $4 000 personal exemption on income tax

The estate duty exemption has been increased to R1.5 million (= you only pay the tax if your property is worth more than this amount).

❖ to apply for/claim/qualify for/seek an exemption

◆ to give/grant an exemption (to sb)

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更新时间:2025/1/22 15:50:52