tax-exemptadjective
uk/ˌtæks.ɪɡˈzempt/us/ˌtæks.ɪɡˈzempt/used to describe a product, service, or financial arrangement on which no taxes have to be paid:
The poorest families pay no tax on food because their food stamp purchases are tax-exempt.
used to describe a person or an organization that does not have to pay tax:
the tax-exempt status of college athletic departments
Thesaurus: synonyms and related words
Taxation
- capital gains tax
- capitation
- chargeable
- corporation tax
- custom
- indirect tax
- inheritance tax
- levy
- National Insurance
- octroi
- rateable value
- tax allowance
- tax avoidance
- tax break
- tax credit
- tax exile
- tax-deductible
- VATable
- welfare state
- withholding tax
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