ExemptionNone

Exemption None refers to a legal principle where no individuals or entities are excluded from certain laws or regulations. In contexts like taxation, it means everyone must comply with the rules without any exemptions. For instance, if a new tax law states "exemption none," it applies equally to all eligible taxpayers, ensuring fairness and accountability. This approach helps to avoid loopholes that might allow some to escape obligations, promoting a more equitable system where all must contribute or adhere to the regulations in question.