tax exempt


tax exempt
.tax ex'empt
adj
if ↑savings, income etc are tax exempt, you do not have to pay tax on them

Dictionary of contemporary English. 2013.

Look at other dictionaries:

  • tax–exempt — adj 1: exempted from taxation; also: based on such exemption tax–exempt status 2: providing interest or income that is exempted from taxation a tax–exempt municipal bond Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • tax-exempt — tax ex,empt adjective if something is tax exempt, you do not have to pay tax on it: tax exempt savings a. a person or organization that is tax exempt does not have to pay tax …   Usage of the words and phrases in modern English

  • tax exempt — adj. Not subject to taxation. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. tax exempt adj. Not subject to tax. This term is usually descriptive of …   Law dictionary

  • tax-exempt — [taks′eg zempt′] adj. 1. exempt from taxation; that may not be taxed 2. producing income that is exempt from taxation [tax exempt bonds] …   English World dictionary

  • tax-exempt — tax′ exempt adj. 1) not subject or liable to taxation 2) bus providing income that is not taxable 3) bus a tax exempt security • Etymology: 1920–25 …   From formal English to slang

  • tax-exempt — ▪ I. tax exempt ˈtax exˌempt 1 noun [countable] TAX an investment on which you do not have to pay tax: • There is strong investor demand for tax exempts.   [m0] ▪ II. tax exempt tax exempt 2 adjective …   Financial and business terms

  • tax-exempt — I noun a security that is not subject to taxation • Syn: ↑tax exempt security • Hypernyms: ↑security, ↑certificate II adjective (of goods or funds) not taxed (Freq. 1) …   Useful english dictionary

  • Tax Exempt — To be free from, or not subject to, taxation by regulators or government entities. A tax exempt entity can be excused from a single or multiple taxation laws. Governments are often trying to encourage investment when exempting taxation. Certain… …   Investment dictionary

  • tax-exempt — UK / US adjective 1) if something is tax exempt, you do not have to pay tax on it tax exempt savings 2) a person or organization that is tax exempt does not have to pay tax …   English dictionary

  • tax-exempt — /taks ig zempt /, adj. 1. not subject or liable to taxation: tax exempt imports. 2. providing income that is not taxable: tax exempt municipal bonds. n. 3. a tax exempt security. [1920 25] * * * …   Universalium


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