tax-exempt
Speech parts
1. tax-exempt - Adjective
2. tax-exempt - Adjective Satellite
Meaning
(of goods or funds) not taxed
Source: WordNetSynonyms
Antonyms
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Related terms
Examples
tax-exempt bonds
an untaxed expense account
As the Herald reported, a group of Beacon Hill Republicans is calling for a hearing into the Mass. Bail Fund, questioning the group’s tax-exempt status.
If we got rid of the tax-exempt status, then the govt would lose one more evil lever of power.
It wasn’t just FEMA money that would have jeopardized NCE's tax-exempt status, but any other grants it may have received for cooperative-led projects, such as economic development or broadband.
In 1953, Howard Hughes gave all his stock in the Hughes Aircraft Company to the newly formed Howard Hughes Medical Institute, thereby turning the aerospace and defense contractor into a tax-exempt charitable organization.