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What does CZTE stand for?

CZTE stands for Combat Zone Tax Exclusion

This definition appears frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

Samples in periodicals archive:

Combat Zone Tax Exclusion Combat zone tax exclusion allows earnings received while performing duties in, or in direct support of, areas designated as combat zones to be excluded from taxes.
Sailors who are eligible for combat zone tax exclusion (CZTE) and have an EAOS that falls in the current fiscal year are exempt from the 90-day policy and may reenlist early for SRB outside the 90-day window as long as they are eligible for CZTE at the time of reenlistment.
Combat Zone Tax Exclusion Combat zone tax exclusion (CTZE) allows earnings received while performing duties in, or in direct support of, areas designated as combat zones to be excluded from taxes.
President George Bush recently signed the Heroes Earned Retirement Opportunities (HERO) Act, which amends the Internal Revenue Code to allow service members to still exclude their military compensation from federal income tax, but also contribute to an Individual Retirement Account (IRA) while serving in a combat zone tax exclusion area.
The Secretary of Defense has designated all areas where service members are in receipt of the combat zone tax exclusion as qualifying combat zones and all members deployed outside the United States on orders in support of Operation Enduring Freedom or Operation Iraqi Freedom as participating in qualifying combat operations.