Meaning of “exemption certificate” in the English Dictionary


"exemption certificate" in Business English

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exemption certificatenoun [ C ]

uk us TAX

an official document that gives someone special permission not to do or pay something:

The Revenue should have discretion to grant exemption certificates to building subcontractors where a company has become insolvent for bona fide reasons.

(Definition of “exemption certificate” from the Cambridge Business English Dictionary © Cambridge University Press)