tax–exempt

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adjective tax–ex·empt \ˌtaks-ig-ˈzem(p)t\

Definition of tax–exempt

  1. 1 :  exempted from a tax

  2. 2 :  bearing interest that is free from federal or state income tax

First Known Use of tax–exempt

1923


TAX–EXEMPT Defined for English Language Learners

tax-exempt

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adjective

Definition of tax–exempt for English Language Learners

  • : not taxed : exempted from a tax


Law Dictionary

tax–exempt

adjective tax–ex·empt

Legal Definition of tax–exempt

  1. 1 :  exempted from taxation; also :  based on such exemption tax–exempt status

  2. 2 :  providing interest or income that is exempted from taxation a tax–exempt municipal bond


Learn More about tax–exempt

  1. Spanish Central: Translation of tax–exempt


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