How to Use tax-exempt in a Sentence
tax-exempt
adjective-
In exchange for the voluntary payments, the city agrees not to challenge the colleges’ tax-exempt status.
— Steph MacHado, BostonGlobe.com, 5 Sep. 2023 -
Why should one income source be tax-exempt but not another?
— George Skelton, Los Angeles Times, 22 Sep. 2024 -
The suit was dropped, but Synanon could not regain public favor, closing down after the IRS revoked the group’s tax-exempt status in 1982.
— Olivia B. Waxman, TIME, 1 Apr. 2024 -
Court records say the conversion was done solely to get the tax-exempt funding from the Arizona authority.
— Richard Ruelas, The Arizona Republic, 1 May 2023 -
The land becomes tax-exempt and the developer agrees to reserve at least 50% of the apartment units for people making up to 80% of the area’s median income.
— Dallas News, 22 Feb. 2023 -
In 2019, the temple persuaded the IRS to recognize it not only as a tax-exempt religion but as a proper church.
— Dennis Romero, NBC News, 25 Apr. 2023 -
The project also called for public support in the form of about $200 million in tax-exempt bond financing as well as a Brownfield future tax-capture.
— Detroit Free Press, 31 Jan. 2024 -
Ferguson’s fight drew media attention and even a threat to revoke the DAR’s tax-exempt status.
— Corinne Dorsey, Washington Post, 25 June 2023 -
The project mainly will be funded by tax-exempt municipal bonds.
— Audrey McAvoy, Anchorage Daily News, 10 July 2023 -
Then in 2019, Sanford Health — a not-for-profit, tax-exempt hospital system — acquired the nursing home.
— Harris Meyer, Fortune, 12 Mar. 2024 -
Ptolemy declared the temples tax-exempt to curry their favor.
— Kate McMahon, Smithsonian Magazine, 3 Apr. 2024 -
Under the statute, tax-exempt properties must fill out forms explaining their non-profit work.
— Yash Roy, Journal Sentinel, 13 June 2023 -
Any income generated by the LLC would flow up to the charity, which being tax-exempt did not pay any taxes on that income.
— Jay Adkisson, Forbes, 12 Aug. 2023 -
Clothing, backpacks and school supplies have to be under $100 to be tax-exempt, and delivery and transportation charges are counted as part of the total sales price.
— Tasha Tsiaperas, Axios, 8 Aug. 2024 -
Many items meet tax-exempt status — with certain price qualifiers.
— Ricardo Delgado, San Antonio Express-News, 15 Apr. 2023 -
The club, a nonprofit corporation, lost its tax-exempt status in 2010.
— Julia Jacobs, New York Times, 15 May 2023 -
The federal government is spending $3 billion on the project, as well as offering access to $3.5 billion in tax-exempt bonds.
— Seema Mehta, Los Angeles Times, 20 Mar. 2024 -
But its low rates and its tax-exempt status give it competitive advantages.
— Orlando Sentinel and South Florida Sun Sentinel Editorial Boards, Orlando Sentinel, 28 June 2024 -
The tax-equivalent yield calculation provides a simple framework to compare a tax-exempt bond to a taxable bond.
— Chris Gunster, Forbes, 27 Mar. 2024 -
The donors have not been released, and the organization, which has been tax-exempt just since January, has not yet filed documentation with the IRS that shows all of the people involved.
— Alison Dirr, Journal Sentinel, 14 Mar. 2024 -
Portable generators priced under $3,000 are the most expensive item on the tax-exempt list.
— Maria Halkias, Dallas News, 18 Apr. 2023 -
Related: Hospitals need to earn their tax-exempt status The natural answer is their boards.
— Sanjay Kishore and Suhas Gondi, STAT, 27 Feb. 2023 -
Therefore, if the collectives aren’t tax-exempt, the donations collected wouldn’t be either.
— Mark Heim | Mheim@al.com, al, 9 Aug. 2023 -
The outlet compiled the list based on the Internal Revenue Service's Form 990 for tax-exempt organizations.
— Megan Cerullo, CBS News, 4 Jan. 2024 -
If accounting for the gains in investments made by charities themselves, which are also tax-exempt, the losses exceed $110 billion.
— Irina Ivanova, Fortune, 15 Nov. 2023 -
Preserve Calavera is a grass-roots, tax-exempt local organization that works to protect open space in northern San Diego County.
— Phil Diehl, San Diego Union-Tribune, 17 Oct. 2023 -
The state statute in the middle of this controversy governs the procedure through which tax-exempt status is granted for any organization.
— Yash Roy, Journal Sentinel, 13 June 2023 -
To preserve the gold’s tax-exempt status, it must be kept in a depository recognized by the Internal Revenue Service.
— Laxmi Corp, The Salt Lake Tribune, 11 Aug. 2023 -
The rest of the project will be privately funded, although taxpayers are contributing there as well; the Biden administration has enabled the project to borrow $3.5 billion through tax-exempt bonds.
— Karen Garcia, Los Angeles Times, 23 Apr. 2024 -
The biggest risk for charities that intervene in political campaigns, Mayer said, is loss of their tax-exempt status.
— Andy Kroll, ProPublica, 13 July 2024
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'tax-exempt.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Last Updated: