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Read definition here: http://oxforddictionaries.com/definition/english/dispensation
| 13 years ago. Rating: 2 | |
special dispensation Legal term
exemption n. 1) in income taxation, a credit given for each dependent, blindness or other disability, and age over 65, which result in a downward calculation in tax levels. These are not to be confused with deductions which reduce gross income upon which taxes are paid. 2) a right to be excluded from, such as not being subject to attachment of one's wages if one is in a low-income bracket, or not being subject to the military draft if one is employed in essential industry, has several children or is a college student.
| 13 years ago. Rating: 0 | |
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