TaxExempt Entity Financial Glossary

What is it? Tax-Exempt Entities, for federal income tax purposes, generally include any federal, state or local government (including their agencies and instrumentalities); any organization that is exempt from federal income taxes, such as non-profit charitable organizations; and most foreign persons or entities, unless a significant portion of their gross income is subject to federal income tax.

Finance Term Definition Added By: Destiny

Send To Friends!

If you'd like to send the TaxExempt Entity definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of TaxExempt Entity. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Family of Funds is Group of mutual funds managed by the same investment management company. Each fund typically has a different objective; one may be a growth-oriented stock fund, whereas another may be a bond fund or an index fund. Shareholders in one of the funds can usually switch their money into any of the familys other funds, sometimes at no charge.

Financial Term Assets is Things you own, including real estate, investments, and personal property.

Financial Term EBIT is Acronym for earnings before income taxes.

Financial Term Negotiated Underwriting/Deal is A means by which firms choose the underwriter for a new security issue. See competitive bidding.

Financial Term Title Deed is This is the legal document that not only identifies the owner of a property but also other details about the property and the land it is built upon.