corporate exemptions
[kɔrˈpɔrət ɪɡˈzɛmpʃənz]
nounpl: corporate exemptions
isenções corporativas
1. Legal or regulatory privileges that allow corporations to be excluded from certain taxes, fees, regulations, or requirements that apply to other entities
The new corporate exemptions reduced the tax burden for manufacturing companies.
As novas isenções corporativas reduziram a carga fiscal para as empresas de manufatura.
2. Special provisions in law that permit specific corporations to operate under different or reduced compliance standards
Environmental corporate exemptions allowed some industries to bypass certain pollution controls.
As isenções corporativas ambientais permitiram que algumas indústrias contornassem certos controles de poluição.
3. Exclusions granted to corporations from statutory obligations, duties, or liabilities
Corporate exemptions from liability were controversial in the case of workplace injuries.
As isenções corporativas de responsabilidade foram controversas no caso de lesões no trabalho.
In Brazil, corporate exemptions are a significant topic in discussions about economic policy and social inequality. They are often debated in legislative contexts, particularly regarding tax evasion and environmental protection. In the USA, corporate exemptions are common in specialized industries and are often granted through lobbying efforts. The term carries political connotations, with critics arguing they disproportionately benefit large corporations over small businesses and individuals.
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