Word: exempted
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What do an $800 Gucci briefcase, cosmetic surgery and a water slide have to do with spreading the Gospel? Nothing, the Internal Revenue Service ruled in effect last week as it revoked the tax-exempt status of PTL, the television ministry that supported the high living of Jim and Tammy Bakker. The IRS declared that PTL's business activities, including an amusement park, shopping malls and hotels as well as excessive payments to the Bakkers, served no ministerial purpose...
...name BioSafe. The company hopes to become a leader in the emerging market for environmentally safe pesticides. The worms kill insects by taking up residence inside the pests' bloodstreams but are harmless to humans, pets, birds and plants. So safe is the product, says Biosys, that it is exempt from the Environmental Protection Agency's pesticide regulations. The company hopes the safety assurance will help push annual sales to $50 million in five years. A lot of worms...
...proposed order would exempt from rent control any home whose owner left it for less than two years because of ill health, a sabbatical leave, or certain other obligations...
...change the requirements so that undergraduates would still take eight Core classes in a program with 11 categories instead of the current 10. He said the subcommittee expected the departments would disagree over which topics should be required for students in various concentrations, if it became necessary to exempt students from three courses apiece instead...
Other teams are not exempt from peculiar crises...