tax-exempt income

基本解释

There would be some legal complexities, and the income from ads would not be tax-exempt.
投放广告会有一些法律上的复杂程序，广告的收入也不会免税。
The accumulated undistributed profits (before January 1, 2008) of foreign-invested enterprises can be exempt from corporate income tax when allocated to investor after January 1, 2008.
2008年1月1日之前外商投资企业形成的累积未分配利润，在2008年以后分配给外国投资者的，免征企业所得税。
Most of these funds were placed in tax-exempt bonds and our investment income, which has increased from $2,025,201 in 1969 to $6,755,242 in 1972, is subject to a low effective tax rate.
我们的投资所得从1969年的$2，025，201增加到1972年的$6，755，242，这些投资容易受低有效税率的影响。我们的债券投资组合将会在未来几年使我们受益。虽然现在保费收入不足，但是稳健的投资收益弥补了这些。
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Tax expenditures include the inventory of Tax-Exempt Income, Adjustments to Income, Itemized Deductions, and Tax Credits (refundable and nonrefundable).
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Included in the positive adjustment to stock basis is an increase for tax-exempt income realized by the S corporation.
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For example, a taxpayer subject to a top statutory rate of 39.6% would pay an 11.6% tax on tax-exempt income.
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