NONTAXABLE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does nontaxable mean? 

• NONTAXABLE (adjective)
  The adjective NONTAXABLE has 1 sense:

1. (of goods or funds) not subject to taxation

  Familiarity information: NONTAXABLE used as an adjective is very rare.

 Dictionary entry details 

• NONTAXABLE (adjective)

Sense 1

Meaning:

(of goods or funds) not subject to taxation

Synonyms:

exempt; nontaxable

Context example:

income exempt from taxation

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)