BNET Business Dictionary
Business Definition for: Exemption
- an amount per family member that an individual can subtract when reporting income to be taxed
Wiktionary Definition for: Exemption
- An act of exempting.
- The state of being exempt; immunity.
- A deduction from the normal amount of taxes.
- Freedom from a defect or weakness.
Additional Resources
- CATA asks small-system exemption from rate rules. (Community Antenna Television Association)(Government)
- CATA Asks Small-System Exemption From Rate Rules WASHINGTON -- At least one cable group will seek a temporary exemption from the FCC's rate-regulation rules for small cable systems serving less than 3,500 subscribers. The Community Antenna...
- Research articles 1991-01-28
- DOL proposes exemptions to Harris Trust ruling. (Department of Labor; insurance companies would receive exemption from fiduciary requirements involving pension funds)
- The Labor Department is in favor of granting insurance companies a limited exemption from fiduciary requirements of ERISA, as they apply to pension plan assets held in insurance general accounts. The exemption would be retroactive to Jan 1, 1975. It wouldThe Labor Department is in favor of granting insurance companies...
- Research articles 1994-08-29
- Boeing wins extension to controversial exemption.
- May 13, 2007 (Discrimination Alert - ABIX via COMTEX) -- Boeing Australia has received a three-year extension to its exemption from Victoria's Equal Opportunity Act. The contentious exemption allows the aircraft manufacturer to satisfy US security ru May 13, 2007 (Discrimination Alert - ABIX via COMTEX)...
- Research articles 2007-05-13
- Metzenbaum winds up. (Senator Howard Metzenbaum's bill eliminating Major League Baseball's antitrust exemption will result in more local broadcasts of games) (Brief Article)
- Senator Howard Metzenbaum (D-Ohio) is expected to introduce tomorrow or Wednesday (March 2 or 3) his long-anticipated bill to remove Major League Baseball's antitrust exemption. Among the results Metzenbaum hopes exemption repeal will achieve a gre Senator Howard Metzenbaum (D-Ohio) is expected to introduce...
- Research articles 1993-03-01
- CROSS-SELLING;Aetna gets exemption from DOL.
- HARTFORD, Conn. -- The U.S. Department of Labor has granted an exemption to Aetna Inc. that allows the company to cross-sell the products of various Aetna subsidiaries to trust company clients. The exemption gives Aetna a way around the prohibited HARTFORD, Conn. --...
- Research articles 1999-11-29
- The antitrust exemption the television industry was granted so that its officials could meet and develop a voluntary approach to curbing violent programming expires this Wednesday. (Dec 1; Justice Department might grant extension) (Brief Article)
- The antitrust exemption the television industry was granted so that its officials could meet and develop a voluntary approach to curbing violent programming expires this Wednesday (Dec. 1). It's up to the Justice Department to extend the exemption The antitrust exemption the television...
- Research articles 1993-11-29
- The Senate Judiciary Committee. (votes to partially repeal baseball's antitrust exemption)(Brief Article)
- The Senate Judiciary Committee last week narrowly approved a bill to partially repeal baseball's antitrust exemption. The measure would lift ... The Senate Judiciary Committee last week narrowly approved a bill to partially repeal baseball's antitrust exemption. The measure would lift the exemption in labor...
- Research articles 1995-08-07
- Texas Senate passes tax exemption bill
- The first bill passed by the Senate during the 1999 legislative session was SB290. It offers a temporary exemption from severance taxes on certain marginal oil and gas production. The bill provides a tax exemption to oil leases, where the average well produces 15 bopd or less, when the average...
- Research articles 1999-03-01
- CFA Adds Its Voice To Support For Exemption
- Members of the Consumer Federation of America expanded the group's support of the tax exemption for credit unions by voting a resolution to include exemption from state taxes. The CFA is a coalition of consumer advocacy groups that includes representatives from CUNA and NAFCU, as well as CUNA Mutual Group....
- Research articles 2004-03-22
- Budget cuts may hit senior homeowners/ State property-tax exemption
- DENVER - It's likely Coloradans 65 and older will lose a property-tax exemption for the next three years. Lawmakers in the Senate amended a bill Wednesday that would have eliminated a property-tax exemption worth half the market value of a senior citizen's home. Sen....
- Research articles 2003-04-03
- Minor-league ticket exemption bill passes OK Senate committee
- A House bill exempting tickets to minor-league sports events from sales taxes passed the Senate Finance Committee unanimously on Monday. Chairman J. Paul Gumm, D-Durant, said House Bill 2062 resurrects the minor-league exemption favored by Senate leaders, which was removed from an earlier bill establishing a sales tax...
- Research articles 2006-03-22
- -TEXAS A&M UNIVERSITY: Crisis exemption granted for armyworm insecticide on pastures.
- M2 PRESSWIRE-1 October 1998-TEXAS A&M UNIVERSITY: Crisis exemption granted for armyworm insecticide on pastures C1994-98 M2 COMMUNICATIONS LTD RDATE:300998 COLLEGE STATION -- A crisis exemption has been granted for a new insecticide to help Texas farmers and ranchers battle a serious...
- Research articles 1998-10-01
- SEC Chairman Christopher Cox is opposed to an exemption from the Sarbanes-Oxley Act for small firms
- SEC Chairman Christopher Cox is opposed to an exemption from the Sarbanes-Oxley Act for small firms. Companies have been clamoring for an exemption from independent auditor requirements under Section 404 of the act because they believe them to be too costly and burdensome for their small firms. However, Cox claims...
- Research articles 2006-06-01
- The role of licence-exemption in spectrum reform
- Abstract: Spectrum reform initiatives in the US and Europe have identified a need to move away from the traditional "command and control" approach towards flexible and tradable licences and licence-exemption. Current regulatory initiatives are tending to focus on the flexible licensing route, and there is a risk that licence-exemption will...
- Research articles 2007-07-01
- TUITION & FEES EXEMPTION TO REDUCE CHINESE FARMERS' BURDENS
- AsiaInfo Services 12-30-2005 Tuition & Fees Exemption to Reduce Chinese Farmers' Burdens BIEJING, Dec 30, 2005 SinoCast via COMTEX -- China will carry out the exemption of tuition and fees for students in the compulsory education period in western China's rural...
- Research articles 2005-12-30
- The Shrinking Pensions Exemption
- This article examines the way in which the pensions exemption has been eroded and it's more limited application in the future. Historically, it has been widely assumed that all the rights and liabilities under a seller's occupational pension scheme would not transfer to a buyer under the Transfer of Undertakings...
- White papers 2005-01-04
- Appealing Property Taxes For Your Home: Obtain A Homestead Exemption
- Property taxes are a substantial expense for Texas homeowners, averaging about $3,600 annually. The largest and simplest way to reduce property taxes for your home is to obtain a homestead exemption. To qualify for homestead exemption, a home must meet the definition of a residence homestead: the home's owner must...
- White papers 2006-04-04
- CU Tax Exemption Safe For Now, But Congress Wants 'Proof'
- The congressional hearings on the credit union tax exemption turned out to be an academic exercise. At the end of the six-hour hearing before the tax-writing House Ways and Means Committee, Chairman Bill Thomas admitted he has no plans to repeal the tax The congressional hearings on the credit...
- Research articles 2005-11-14
- Enid firm receives OSHA exemption
- Metals USA Plates & Shapes of Enid has received its second one- year federal inspection exemption from the U.S. Occupational Safety and Health Administration. The company has 53 employees and reported 132 consecutive days without a loss-time accident. The steel service center cuts and rolls sheets of various metals. Brenda...
- Research articles 2005-07-01
- SEC Further Extends Blanket Exemption for Banks and Thrifts from Broker Registration Requirement in the GLBA.
- The SEC extended the temporary blanket exemption of banks, savings associations and savings banks from the "broker" registration requirements under the Gramm-Leach-Bliley Act of 1999 (the "GLBA") until November 12, 2004. Effective May 12, 2001, the blanke The SEC extended the temporary blanket exemption of...
- Research articles 2003-04-16
