exempt organization

exempt organization. An organization that is either partially or completely exempt from federal income taxation. See CHARITABLE ORGANIZATION. [Cases: Internal Revenue 4045–4071. C.J.S. Internal Revenue §§ 327, 462–474, 670, 798.]

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词条贡献者

译者Paloma，毕业于英国一流的高级翻译学院，擅长翻译各种与投资基金相关的法律文件。