Tax exemption refers to a financial exemption that reduces taxable income. Based on the nature of the company, a few companies qualify for tax exemption. Some charitable organizations or such institutions can be exempted from taxes. Such organizations need a government approval for tax exemption.
This kind of letter is the one that establishes company’s status as tax exempt. At the time the company applies for funding from the private institution, they will need this letter to proceed ahead. When a corporation applies for tax exemption along with that, they need to send a list of office equipment that may qualify for tax exemption too. Such a letter is a formal letter written on behalf of the company to the higher authorities requesting for a tax exemption. Thus, genuine and convincing arguments must be stated, and polite language must be used. Below, you can find sample letters to help you through the process of writing such letters.
Tips For Writing Such A Letter
- Since this is a formal letter, formal language must be used, and a formal business format must be adhered to.
- Use of assertive yet polite language must be encouraged.
- It should ideally be typed and not hand-written.
- Give a convincing and valid explanation for why you want the tax to be exempted.
Sample Template
Use our free tax exemption template to help you get started. Simply download the .doc or pdf file and customize it. If you need additional help or more examples, check out some of the sample letters below.
From,
______
______
______
Date:______________(on which the letter is written)
To, (whom it may concern)
_____________
_____________
Subject:__________
Respected Mr. _____________(receiver’s name),
This letter is regarding our application for tax exempt status. We provide an opportunity to the youth to learn skills that will be of help to them while they are looking out for a job. If we get the tax exempt status, then we can put in more money to help the youth in different ways. We are helping a good number of people, and we are sure of helping more and more youth with this status. We will use our status to purchase ____ recruit volunteers and supply our youth facility with many opportunities. Through this letter, all we hope for is an exemption of tax on the Office Equipments which qualify for the same under the norms of the scheme____.
We thank you for giving us a chance to apply for the exempt status, and we certainly look forward to your positive reply. In case you would want any other information or details regarding our company, facilities, etc. that will help you take a decision, please feel free to ask.
Yours Sincerely,
_______
(your name)
Sample Letter
From,
ABC Incorporated,
Oswald St,
Anytown, USA 12345.
DD/MM/YYYY
To,
Ali Khan,
Oswald St,
Anytown, USA 12345.
Subject: Your tax exempt status
Respected Mr. Ali,
This letter is regarding our application for the tax exempt status. Our company Etios Inc is a nonprofit organization that was founded in the year 1950 by a team that focused on helping the community. We offer space to the youth that helps them interact and learn different skills that ultimately helps them get a good job. The tax exempt status will help us save money, and that can be used to buy computers, recruit volunteers and provide the youth with other necessary, required features.
Through this letter, all we hope for is an exemption of tax on the Office Equipments which qualify for the same under the norms of the scheme.
We thank you once again for providing us a chance to apply for the tax exempt status. We are hoping a positive reply from your side. In case there is anything else that you would want to know about the company that will help you make a decision, kindly contact me on **********, or you can even email me at nobody@gmail.com.
Sincerely,
Mrs. Stinson
Email Format
The following is the Email Format that should be followed while writing a tax exempt Letter.
To: name@email.com
From: name@email.com
Subject: Tax exemption mail
Respected Mr. _____________(receiver’s name),
This letter is regarding the tax exempt status that we have applied for. We are a not for profit organization founded in the year 1975. We offer space for the start-up companies to work. If our business is getting the tax exempt status then, we can put the saved money in providing the business with essential features that help them to work efficiently. Through this letter, we hope for an exemption of tax so help the startups grow.
We thank you once again to allow us to apply for the tax exemption status and are looking forward to a positive reply. In case you need any other detail that will help you take the decision, do not hesitate to ask us.
Yours Sincerely,
_______
(your name)