What term is used to identify organizations that do not have to pay federal, state, or local income taxes?
A) Tax-exempt
B) Public
C) Private
D) Income-exempt

Name: What term is used to identify organizations that do not have to pay federal, state, or local income taxes? A) Tax-exempt B) Public C) Private D) Income-exempt
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Question

Quizplus · Accepted Answer

Tax-exempt is the term used to identify organizations that do not have to pay federal, state, or local income taxes. Hence, choice A is the correct answer.

What Term Is Used to Identify Organizations That Do Not