from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Not subject to taxation; tax-exempt.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. exempt from taxation
from The Century Dictionary and Cyclopedia
- Exempt from taxation.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adj. (of goods or funds) not taxed
Sorry, no etymologies found.
Distributions designated as return-of-capital are not taxed as ordinary income dividends and are sometimes referred to as tax-free dividends or nontaxable distributions.
The deal - officially called a tax-free cash-rich split - would not be considered a sale under Internal Revenue Service guidelines, allowing Yahoo and its Asian partners to avoid taxes.
M/M_____, I have some important information for investors on what’s called a tax-free municipal bond fund.
Free enjoyed a special peak in native English usage between 1981 and 1986, big years for discussions of tax-free alternatives and free trade and, not accidentally, the Free World standing shoulder-to-shoulder with President Reagan against the unfree Evil Empire and its political friends.
So-called 529 plans are state-sponsored accounts for college savers in which any earnings are tax-free as long as they are used to pay for qualified higher-education expenses.
There's no federal deduction on money as it goes into an account, but the earnings are tax-free if used for either undergraduate or graduate tuition, fees, room, board, books and supplies.
ITT launched the tax-free spinoff of the two businesses to shareholders under the belief that the sum of its parts would be worth more than the $52 a share the ITT stock was trading at in early January.
Amazon.com Inc. could soon have California's blessing to continue making tax-free sales in the state for one year.
A simple solution to seniors' mortgage problems: a one-time, tax-free transfer from an IRA toward the reduction or elimination of a mortgage.
Amazon could soon have California's blessing to continue making tax-free sales in the state for one year.