Meaning Of The Word Tax-exempt

Real Dictionary

What's the definition of Tax-exempt? Find Tax-exempt meanings, definitions and more at the Real Dictionary online.

Tax-exempt Meaning

Tax-exempt Definition
Tax-exempt Definition

What's The Definition Of Tax-exempt?

tax exempt in Accounting 1
adjective: If an income or property is tax exempt, you do not have to pay tax on it.

tax exempt in Accounting 2
adjective: If an asset is tax exempt, it is earning income that is not subject to taxation.

tax-exempt
adjective: Income or property that is tax-exempt is income or property that you do not have to pay tax on.

tax-exempt in American English
exempt from taxation; that may not be taxed
adjective: not subject or liable to taxation
noun: a tax-exempt security

tax-exempt in British English
adjective: (of an income or property) exempt from taxation

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Curate's-eggish ‐ adjective:…
  • See stars ‐ to experience the sensation of lights brightly…
  • Dissimulation ‐ noun: the act of dissimulating; feigning…
  • Use up ‐ to consume entirely; to finish (a supply); consume…
  • Double tide ‐ noun
  • Inwove ‐ past tense of verb; verb: to weave together into…
  • Cellulate ‐ adjective; transitive verb: to form…
  • Atherogenic ‐ adjective: capable of producing atheromatous plaques…
  • Guardi ‐ noun: Francesco (franˈtʃesko ). 1712–93, Venetian…
  • Non troppo ‐ not too much; moderately (Ex.: adagio ma non troppo…