The meaning of NONTAXABLE is not liable to taxation : not taxable. How to use nontaxable in a sentence.
Natalie is a teacher and holds an MA in English Education and is in progress on her PhD in psychology. Cite this lesson Explore how taxable and non-taxable benefits can be included in a worker's compensation package and understand their advantages and disadvantages. Review what compensation is...
What is taxable income? Learn what types of income must be reported to the IRS, which income is exempt, and how understanding these distinctions can help you effectively reduce your tax bill.
Adj.1.nontaxable- (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation" exempt exempt- (of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are ...
What are nontaxable fringe benefits? “These [plans] come with strict rules, such as having a plan document, not being offered as a choice versus other forms of compensation, and they must not discriminate in favor of highly compensated employees,” Balian said. “Be sure to work with a ...
It is a common notion that the non-profitable organization (NPO) will not be taxed due to its charitable nature although there are NPOs which are subject to being taxed under the legislation due to part of their income earned from non-related to the non-profit motives. However, the tax in...
Taxable benefits can be goods or services an employer pays for on the employee's behalf. An employer can give the benefit in the form of cash, near-cash, or in the form of non-cash.
Middle East Africa Asia Canada USA Bahamas Barbados Bermuda Cayman Islands Guyana Jamaica OECS Trinidad & Tobago Virgin Islands (British) Apply nowmyACCA An employer can provide some benefits to employees on which the employee is not taxable – from advice on pensions to work-related ...
Taxable or Nontaxable: And the Court Rules... (cover story)The article discusses a court case wherein the Internal Revenue Service (IRS) court has concluded that nurse Lori Singleton-Clarke, the plaintiff, will not be reimbursed with the expenses she paid in taking a Masters of Business ...
non-taxable revenue/exempt revenue tax-free revenue/zero-rated revenue[still taxable,but tax at the rate of 0%]前者是对activity不征税（例子：慈善义卖，金融服务）；后者是对activity征税，但是0税率（例子：出口货）