NONTAXABLE

Pronunciation (US): (GB):

Meaning:

(of goods or funds) not subject to taxation

Example:

income exempt from taxation

Synonyms:

exempt; nontaxable

Classified under:

Adjectives

Similar:

duty-free (exempt from duty)

tax-exempt; tax-free; untaxed ((of goods or funds) not taxed)

unratable (not subject to locally assessed property taxes)

Also:

exempt ((of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are subject)

Antonym:

taxable ((of goods or funds) subject to taxation)