Before entering fully into the definition of the term exempt, we are going to proceed to know its etymological origin. In this case, we can state that it is a word that derives from Latin, exactly from “eximere”, which is the result of the sum of the following lexical components:
-The prefix “ex-”, which means “outwards”.
-The verb “emere”, which can be translated as “buy” or “grab”.
The term refers to freeing someone from an obligation or commitment.
For example: “With the aim of promoting employment, the government is analyzing exempting from taxes companies that hire workers in the next three months,” “They could exempt drivers from paying fines who justify their absence for a forceful reason.” older” , “To exempt my wife from household chores, I hired two women who are in charge of that type of work” .
Among the synonyms of exempt we can highlight lift, forgive, release, release, exculpate or amnesty. On the contrary, its antonyms include obligate, impose or condemn, for example.
The consequence of exempting is called exemption . That or that which is free of something, on the other hand, is called exempt .
Exemptions are common in the tax field . In certain cases, it is decided to exempt an activity or a person from the burden that arises from the application of a standard that should apply to them. This means that, despite the completion of the taxable event, the obligation is not fulfilled.
The act of exempting a subject from a tax burden can be carried out in different ways. In some cases the payment is waived, while in others the obligation does not even arise. The exempt subject can also be made to pay and then be reimbursed for the money paid.
Suppose that the regulations of a certain legislation are responsible for exempting non-profit associations from paying gross income tax . A sports club that is duly registered in the corresponding records will therefore be able to carry out its activities without having to pay this tax .
In the same way, we cannot ignore the existence of a document that is used to exempt a person from responsibilities. Specifically, this document is usually used in companies that organize adventure or high-risk activities as well as so-called active tourism.
Specifically, these companies require clients to read and sign the aforementioned document before carrying out any type of activity to exempt them from liability in case an accident occurs or they suffer damage as a result of having taken risks. unnecessary or not having complied with established standards.
Of course, legally it must be established that this document does not completely exempt companies from responsibility. And you will be responsible if, despite the fact that a client complies with the instructions and respects the rules, they suffer some type of accident or damage.