Word: exemptible
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Harvard and MIT could be hit hard by a bill proposed to the state legislature which would tax currently tax-exempt land owned by non-profit organizations such as universities and hospitals...
These new poems take on a sad and foredoomed search for privacy, for a state of mind (or a physical place) where one can be alone without loneliness, with one's pleasures exempt from examination...
...response to The Crimson's FOIA requests, the agency sent only old documents, saying that newer requested documents were "internal process" deliberations and therefore exempt from FOIA, Gerstein said...
...investigations, part of a new "coordinated audit program," began in September--when teams of IRS agents descended on the campuses of seven universities and requested access to their financial records, according to Marcus S. Owens, director of the agency's Exempt Organizations Technical Division...
...intention, Owens said, is "to ensure thattax exempt entities are continuing tooperate...for the purpose that Congress intendedthem to operate, as opposed to becoming businessesor...undertaking activities that the internalrevenue code says would generate taxable income...