'tax-exempt tax-free' definitions:
Definition of 'tax-exempt tax-free'
- nontaxable \nontaxable\ adj.
Not subject to taxation; -- of goods imported into a country
or sold at retail outlets; as, most laws imposing sales taxes
make food nontaxable. Opposite of taxable. [Narrower terms:
duty-free; tax-exempt, tax-free; unratable; {untaxed ]
Also See: exempt.
[WordNet 1.5]
