tax-deductˈible adjective

(of expenses, etc) that may be deducted from one's income before it is assessed for tax

tax disc noun

A paper disc displayed on a motor vehicle's windscreen to show that the road tax has been paid for a given period

tax evasion noun

Illegal evasion of payment of tax

tax-exemptˈ adjective

Not liable to taxation

tax exile noun

A person living abroad so as not to pay high taxes

tax farmer noun (esp historical)

A tax gatherer who pays a fixed sum for the right to collect taxes, retaining the revenue as income

tax-freeˈ adjective and adverb

Without payment of tax

tax gatherer noun

tax haven noun

A country or state where taxes are comparatively low

tax holiday noun

A period during which a government makes tax concessions available to business, eg to encourage exports

taxing master noun

An officer of a court of law who examines bills of costs

tax loss noun

A loss that can be offset against taxable future profits

taxˈman noun (informal)

1. A tax collector
2. Tax collectors collectively

taxˈpayer noun

1. A person who pays tax or taxes
2. A person who is liable to taxation
3. A building put up for the express purpose of earning money to pay tax on the land (US)

taxˈ-paying adjective

tax point noun

The date on which value-added tax becomes payable

tax relief noun

The cancelling of part of the income tax due

tax reserve certificate noun

A government receipt for money deposited that may later be used, with certain advantages, for payment of tax

tax return noun

A yearly statement of one's income, from which the amount due in tax is calculated

tax shelter noun

A financial arrangement made in order to pay the minimum taxation

taxˈ-sheltered adjective

1. Of or produced by a tax shelter
2. Of or involving investments legally exempt from tax

tax threshold noun

The level of income at which tax starts to be payable