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non-taxpayers

 

Definitions from the Web

Non-Taxpayers

Definition:

Non-taxpayers refer to individuals, entities, or groups who are exempt from paying taxes.

Main Usage:

In the context of income tax, non-taxpayers are those who do not meet the income threshold set by the government, and therefore, are not required to pay any income taxes.

Example Sentence 1:

Many students working part-time jobs fall into the category of non-taxpayers.

Example Sentence 2:

The elderly and disabled often qualify as non-taxpayers due to their limited income.

Alternative Usage:

In a broader sense, non-taxpayers can refer to individuals or companies who manage to legally avoid paying taxes through various means, such as tax deductions, exemptions, or offshore tax havens.

Example Sentence 1:

Multinational corporations often employ complex strategies to become non-taxpayers by exploiting loopholes in tax legislations.

Example Sentence 2:

High net worth individuals may hire teams of accountants to help them reduce their tax liabilities and ultimately become non-taxpayers.

Related Products:

Explore books and resources on taxation:

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