What Does Tax Exempt Mean For A Business?

What Does Tax Exempt Mean For A Business? Tax-exempt status means that an organization is exempt from paying federal corporate income tax on income generated from activities that are substantially related to the purposes for which the entity was organized (i.e., to the purposes for which the organization was granted tax-exempt status). How can a

What Does Taxation Without Representation Mean?

What Does Taxation Without Representation Mean? The phrase taxation without representation describes a populace that is required to pay taxes to a government authority without having any say in that government’s policies. The term has its origin in a slogan of the American colonials against their British rulers: “Taxation without representation is tyranny.” 1 What