tax-exempt

[ taks-ig-zempt ]

adjective

not subject or liable to taxation: tax-exempt imports.
providing income that is not taxable: tax-exempt municipal bonds.

noun

a tax-exempt security.

Origin of tax-exempt

First recorded in 1920–25

Words Nearby tax-exempt

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use tax-exempt in a sentence

But having reached something of a compromise, the IRS approved the school as a tax-exempt nonprofit in March 2002.
At This Creepy Libertarian Charter School, Kids Must Swear ‘to Be Obedient to Those in Authority’ | ProPublica | October 15, 2014 | THE DAILY BEAST
The tax-exempt donations do not appear to run afoul of U.S. law.
How U.S. Taxpayers Are Subsidizing The Defense Of Palestinian Teen’s Alleged Killers | ProPublica | July 10, 2014 | THE DAILY BEAST
In March 2010, the IRS office began looking at the tax exempt status of tea party groups.
Fact-Checking the Sunday Shows: June 22 | PunditFact.com | June 22, 2014 | THE DAILY BEAST
But as a matter of law, these tax-exempt organizations do maintain a pro-forma nonpartisan posture.
Why Hillary Clinton Should Go a-Knocking on Ralph Reed’s Door | Jeff Greenfield | June 15, 2014 | THE DAILY BEAST
The commissioner of the IRS Tax Exempt and Government Entities Division was forced into retirement.
The Federal Government Has Violated My Right to Chainsaw | P. J. O’Rourke | April 27, 2014 | THE DAILY BEAST

The tax-exempt organizations have a vested interest in the oppressive, inequitable, and wasteful federal-income-tax system.
The Invisible Government | Dan Smoot
These accumulations of tax-exempt billions place a heavier burden on taxpayers.
The Invisible Government | Dan Smoot
But the Cox resolution was adopted in 1952; and the Cox committee to investigate tax-exempt foundations was set up.
The Invisible Government | Dan Smoot
As the income tax rate decreases, the yield from tax-exempt securities diminishes proportionately.
War Taxation | Otto H. Kahn
The yield of tax-exempt securities at prevailing prices ranges from 3-1/2% to nearly 4-1/2%.
War Taxation | Otto H. Kahn

British Dictionary definitions for tax-exempt

tax-exempt

adjective

(of an income or property) exempt from taxation
(of an asset) earning income that is not subject to taxation

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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