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Being exempt means that the player is not on the roster due to special circumstances that are not covered by the other listed reasons. Some of the other reasons are injured, suspended, and military.
Exempt means, the security is exempt from registration with the state because of a myriad of reasons. If the issuer is exempt that means he is exempt from registration with the state.
doesn't it mean High School?
If you mean roster as in 'list of people or working schedule', that translates into 'lista de serviço'.
Not tax exempt would mean that it is subject to taxes. Yes you would tax any thing that is not exempt from taxes in your business operation.
USUALLY the phrase means job descriptions which are not exempt from the overtime rules of federal wage law, and must be paid according to those laws. In government employment, exempt may mean exempt from civil service protections.
it means you have to pay your taxes
Depends on what you mean by Hack? :S
High School level
The the one receiving payment is a Government, or qualified tax exempt group, like a Church, or Charity.