There are multiple definitions - click on the translation that matches your context.

isenção tributária

substantivo

partial

tax exemption

noun

Comparative law notes

Portugal

In Brazil, when a tax exemption is granted by any legal provision other than the Federal Constitution, it is called "isenção". However, when such exemption is granted by the Federal Constitution, then it is called "imunidade".

Definitions of tax exemption

English

property or income that is not subject to taxation

The tax exemption was introduced by former Prime Minister Charles Haughey in 1969.