tax-exempt entities

基本解釋

The same process of creating 1099 income creates good income for tax-exempt entities, which means it goes into 401(k)s, IRAs, as well as foundations, endowments, ERISA plans.
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It needs the names of individual customers in order to determine the proper amount of tax due, because some of the sales in question might have gone to tax-exempt entities.
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Though most U.S. hospitals are tax-exempt entities owned by religious groups, universities or other nonprofits, there is still a Wall Street measure for about 1, 000 hospitals that are investor-owned.
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