Aiken exemption. Copyright. An exception in the law of infringement that permits retail establishments with less than 2,000 square feet of space to play radio and television broadcasts for employees and patrons without ob-taining a license. Twentieth Century Music Corp. v. Aiken, 422 U.S. 151, 95 S.Ct. 2040 (1975). — Also termed store-receiver exemption. [Cases: […]
dependency exemption 扶养免税额 根据美国《国内税收法典》〔I.R.C.〕，纳税人有适格的被扶养人，且被扶养人的总收入低于免税额；或纳税人有子女未满19岁或尚为全日制学生，从而在计算纳税人应税收入时扣减的数额。
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tax-exempt, adj. 1. By law not subject to taxation (a tax-exempt charity). [Cases: Internal Revenue 4045–4071; Taxation 211–250. C.J.S. Internal Revenue §§ 327, 462–474, 670, 798; Taxation§§ 266, 275, 277–282, 287–289, 291–298, 300, 303–383, 1736–1737.] 2. Bearing interest that is free from income tax (tax-exempt municipal bonds). — Also termed tax-free.
exemption clause. A contractual provision providing that a party will not be liable for damages for which that party would otherwise have ordinarily been liable. Cf. EXCEPTION CLAUSE; EXCULPATORY CLAUSE; INDEMNITY CLAUSE. [Cases: Contracts 114. C.J.S. Contracts § 271.] “An exemption clause may take many forms, but all such clauses have one thing in common
exemption. 1. Freedom from a duty, liability, or other requirement; an exception. See IMMUNITY; EXCEPTION(2). 2. A privilege given to a judgment debtor by law, allowing the debtor to retain certain property without liability. [Cases: Exemptions 1; Homestead 1.] 3. Tax. An amount allowed as a deduction from adjusted gross income, used to determine taxable
claim of exemption (个人财产的)豁免请求 债权人通过司法程序扣押、变卖债务人财产时，债务人主张其部分个人财产依法有权免受扣押和变卖。 (→notice of exemption)
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exemption equivalent 〈美〉最高免税转让财产额 指由于适用统一的税收抵免而免征联邦赠与税或财产税的可转让的最高财产额。
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infirmity exemption 因病豁免 宅地豁免〔homestead exemption〕的一种，指债务人如果体弱多病，即使他不是家长，其宅地也享受债务豁免，债权人不得从中受偿。
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