Exemption is the act or effect of exempting, i.e, to free, dismiss, release or exempt. It is a privilege that makes the individual exempt from certain obligations.
The expression “having exemption” means acting impartially, with neutrality, not sacrificing your opinion for your own convenience, nor to satisfy third parties.
Fee exemption
Exemption from fees is the waiver of payment of amounts charged on certain services. This exemption is a prerogative that most often requires the fulfillment of certain requirements. For example: Exemption from the registration fee in public examinations is established for people who are registered in the Cadastro Único and for low-income family members.
The exemption from the enrollment fee for the National Secondary Education Examination (Enem) is intended for students who are high school graduates in the same year, in a public school and for those coming from low-income families income.
tax exemption
Tax exemption is the exemption, granted by law, from the payment of certain taxes. For example: In Brazil, the 2014 Income Tax regulation establishes tax exemption for those people who had annual income lower than 25,661.70, in 2013.
Exemption from IPTU
Exemption from the IPTU - Tax on Urban Property and Territorial Property is a right regulated by law. Retirees and pensioners, non-retired seniors over 65 years of age, without a source of income, are entitled to exemption from the IPTU. property owners who have a child or legal dependent in their residence, with a permanent physical or mental disability, between others.
The exemption of 100% of the IPTU value will be granted to those who do not own another urban or rural property and to owners who receive up to three minimum wages.
Tax exemption
Exemption from IPVA - Tax on Ownership of Motor Vehicles is granted in several situations, among they, to vehicles of philanthropic entities, to vehicles belonging to the disabled, to taxi drivers etc.
Disabled people and taxi drivers are also exempt from paying ICMS – Tax on operations related to the movement of goods and on the provision of interstate transport.
See also
- Duty Free