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Steuerfreiheit

tax exemption

noun SHTOY-er-fry-hyt Rare
People & Society Money

Also means

tax-free status

Usage Note

Steuerfreiheit is the legal status of income, gains, or entities that are exempt from taxation. In Germany, the Grundfreibetrag creates Steuerfreiheit up to the subsistence minimum; certain donations, disability allowances, and government benefits also enjoy Steuerfreiheit.

Examples

"Kleinunternehmer können unter bestimmten Voraussetzungen Steuerfreiheit beantragen."

Natural Translation

Small business owners can apply for tax exemption under certain conditions.

Literal Translation

Small-entrepreneurs can under certain preconditions tax-exemption apply-for.

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