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Small market share exemption.
§ 212.5 Small market share exemption.
12 CFR § 212.5 - Small market share exemption.
For each of these tax years, however, § 1561 of the Code limited the members of a "controlled group" of corporations to a single shared surtax exemption.
In the past, spouses could share their exemptions only by setting up trusts, which is no longer necessary.
Effects of a cost-sharing exemption on use of preventive services at one large employer.
We're really pleased to see the commitment to introduce the VAT cost-sharing exemption included in the autumn statement (the only charity-specific measure in the statement).
The government responded on the following issues: controlled foreign company (CFC) reform; VAT cost-sharing exemption; non-domiciled individuals' taxation reform; and qualifying time deposits".
It's part of the same impulse that caused Senator Ben Nelson of Nebraska to decree that a historic overhaul of the country's messed-up health care system was not going to happen unless his home state got a special exemption from sharing the costs.
Update 2: Health sharing ministries are an exemption from the individual and employer mandate baked into the ACA.
And beyond the federal income tax exemption they share with all nonprofit groups, houses of worship have long been granted an exemption from local property taxes in every state.
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