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• A part of a person's income on which no tax is imposed.

  Internal Revenue Service - Cite This Source - This Definition
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  Cite Definition for tax exemption

  American Psychological Association (APA)

  tax exemption. (n.d.). Understanding Taxes Student Glossary. Retrieved June 6, 2023, from website: http://www.expertglossary.com/definition/tax-exemption.

  Chicago Manual of Style (CMS)

  tax exemption. apps.irs.gov. Understanding Taxes Student Glossary. Internal Revenue Service. http://www.expertglossary.com/definition/tax-exemption (accessed: June 6, 2023).

  Modern Language Association (MLA)

  "tax exemption." Understanding Taxes Student Glossary. Internal Revenue Service. 6 June. 2023 http://www.expertglossary.com/definition/tax-exemption.

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