not subject or liable to taxation:
providing income that is not taxable:
tax-exempt municipal bonds.
a tax-exempt security.
(of an income or property) exempt from taxation
(of an asset) earning income that is not subject to taxation
noun 1. a person who moves outside the jurisdiction of a country to avoid paying taxes. noun 1. a person having a high income who chooses to live abroad so as to avoid paying high taxes
noun 1. any reduction in government revenue through preferential tax treatment, as deductions or credits.
noun 1. bracket creep.
adjective 1. tax-exempt (def 1). adjective 1. not needing to have tax paid on it: tax-free savings schemes