| ADJECTIVE | all | nontaxable, exempt | (of goods or funds) not subject to taxation |
|---|
| Sounds | naantae'ksahbahl | |
|---|---|---|
| Rhymes | abdominal ... zoological: 2115 rhymes with ahl... | |
| Meaning | (of goods or funds) not subject to taxation. | |
|---|---|---|
| Example | "the funds of nonprofit organizations are nontaxable" | |
| Synonym | exempt | |
| Narrower | duty-free | exempt from duty |
| tax-exempt, tax-free, untaxed | (of goods or funds) not taxed | |
| unratable | not subject to locally assessed property taxes | |
| See 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 |
| Opposite | taxable, nonexempt | (of goods or funds) subject to taxation |
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