Tax-exempt



adjective
1.
not subject or liable to taxation:
tax-exempt imports.
2.
providing income that is not taxable:
tax-exempt municipal bonds.
noun
3.
a tax-exempt security.
adjective
1.
(of an income or property) exempt from taxation
2.
(of an asset) earning income that is not subject to taxation

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  • Tax-exile

    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

  • Tax-expenditure

    noun 1. any reduction in government revenue through preferential tax treatment, as deductions or credits.



  • Taxflation

    noun 1. bracket creep.

  • Tax-free

    adjective 1. tax-exempt (def 1). adjective 1. not needing to have tax paid on it: tax-free savings schemes



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