Exempt income definition

Exempt income means all of the following:
Exempt income means any income specified in the Second Schedule;
Exempt income means income that is exempt from tax under this Act or theEconomic Expansion Incentives (Relief from Income Tax) Act (Cap 86);

Examples of Exempt income in a sentence

  • XXXXXX TAX EXEMPT INCOME FUND and XXXXXX INVESTMENT MANAGEMENT, LLC have each caused this instrument to be signed on its behalf by its President or a Vice President thereunto duly authorized, all as of the day and year first above written.

  • XXXXXX CALIFORNIA TAX EXEMPT INCOME FUND and XXXXXX INVESTMENT MANAGEMENT, LLC have each caused this instrument to be signed on its behalf by its President or a Vice President thereunto duly authorized, all as of the day and year first above written.


More Definitions of Exempt income

Exempt income means income which is not considered when determining financial eligibility for medical assistance.
Exempt income means that portion of a judgment debtor’s income that is not subject to an enforcement proceeding as provided by Part 12 of this Act;
Exempt income means income that state or federal law prohibits from consideration in determining medicaid eligibility.
Exempt income means income which is exempt from income tax, and includes income which is not assessable income;
Exempt income means any income and gain of the Company that is exempt from federal income tax.
Exempt income means all of the following: 307
Exempt income means all of the following: 581