Definition of nontaxable Nontaxable
/nɑntæˈksʌbʌl/ - [nantaksubul] - non•tax•a•ble
We found 3 definitions of nontaxable from 3 different sources.
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What does nontaxable mean?
WordNet
Adjective |
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| nontaxable - (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation" | ||
| exempt | ||
| taxable, nonexempt (of goods or funds) subject to taxation; "taxable income"; "nonexempt property" | ||
| 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; "a beauty somehow exempt from the aging process"; "exempt from jury duty"; "only the very poorest citizens should be exempt from income taxes" | ||
| duty-free exempt from duty; "duty-free liquor" | ||
| tax-exempt, tax-free, untaxed (of goods or funds) not taxed; "tax-exempt bonds"; "an untaxed expense account" | ||
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Part of speech
🔤- nontaxable, noun, singular of nontaxables.
