capital gains tax annual exempt amount — England, Wales Individuals (including personal representatives, but only for the year of death and the following two tax years) and trustees are exempt from tax on capital gains up to a certain amount accruing in a tax year, called the annual… … Law dictionary
exempt property — Property that may not be seized by creditors and does not have to be forfeited in Chapter 7 bankruptcy. Each state has its own list of exempt property; in some states, debtors may choose between the state s list and a federal list. Typically,… … Law dictionary
Exempt property — Exempt property, under the law of property in many jurisdictions, is property that can neither be passed by will nor claimed by creditors of the deceased in the event that a decedent leaves a surviving spouse or surviving descendants. Typically,… … Wikipedia
Exempt Income — Certain types or amounts of income not subject to federal income tax. Examples of exempt income include municipal bond income, which may also be exempt from state income taxes, a portion of retirement benefits, qualified Roth IRA distributions… … Investment dictionary
Exempt Transaction — A type of securities transaction where a business does not need to file registrations with any regulatory bodies, provided the number of securities involved is relatively minor compared to the scope of the issuer s operations and that no new… … Investment dictionary
Capital Gains Tax Exempt Band — The amount of capital gains in the fiscal year which are tax free. For an individual the exempt band in 1998/99 is £6,800. For a trust, the exempt band is £3,400. Dresdner Kleinwort Wasserstein financial glossary … Financial and business terms
Tax Exempt Special Savings Account — ( TESSA) A savings account which generates tax free interest for the investor. The account must be kept open for five years, at which time it must expire. The maximum amount that may be invested in the account is £9,000 in total over the five… … Financial and business terms
Tax Exempt Special Savings Account — Tessa A UK savings account with a bank or building society, introduced in January 1991, in which savers were allowed to invest up to £9000 over a five year period with no tax to pay on their interest, provided that special conditions were met.… … Accounting dictionary
Tax Exempt Special Savings Account — Tessa A UK savings account with a bank or building society, introduced in January 1991, in which savers were allowed to invest up to £9000 over a five year period with no tax to pay on their interest, provided that special conditions were met.… … Big dictionary of business and management
short exempt — Used for listed equity securities. A special trading situation where a short sale is allowed on a minus tick. The owners of a convertible trading at parity can sell the equivalent amount of common short on a minus tick, assuming they have the… … Financial and business terms
Retirement Insurance Benefits — (abbreviated RIB [ [http://www.ssa.gov/glossary.htm#R http://www.ssa.gov/glossary.htm#R] ] ) or Old age Insurance Benefits [ [http://www.ssa.gov/OP Home/ssact/title02/0202.htm Social Security Act Title II § 202] ] are a form of social insurance… … Wikipedia
