Tag: exempt

Yield Burning

DefinitionYield burning is a form of financial fraud involving the United States municipal bond market. Yield Burning What is 'Yield Burning' The...
Qualified Charitable Organization

Qualified Charitable Organization

What is a Qualified Charitable Organization (QCO)? A Qualified Charitable Organization (QCO) is a type of nonprofit organization that is exempt from paying federal income...

Qualified Eligible Participant (QEP)

What is 'Qualified Eligible Participant - QEP' An individual who meets requirements to trade in different investment funds, such as futures and...

Variable Rate Demand Bond

What is 'Variable Rate Demand Bond' A bond with floating coupon payments that are adjusted at specific intervals. The bond is payable...

Variable Rate Demand Note (VRDN)

What is 'Variable Rate Demand Note - VRDN' A debt instrument that represents borrowed funds that are payable on demand and accrue...

Fair Labor Standards Act (FLSA)

What is 'Fair Labor Standards Act - FLSA' A United States law which sets out various labor regulations regarding interstate commerce employment,...

Tax Arbitrage

What is 'Tax Arbitrage' The practice of profiting from differences between the way transactions are treated for tax purposes. The complexity of...

Tax Equity And Fiscal Responsibility Act Of 1982 (TEFRA)

What is 'Tax Equity And Fiscal Responsibility Act Of 1982 - TEFRA' Federal tax legislation passed in 1982 that modified some aspects...

Tangible Personal Property

What is 'Tangible Personal Property' Tangible personal property is a tax term describing personal property that can be physically relocated, such as...
Tax exempt

Tax Exempt

What is tax exempt status Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be...

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