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Definition of tax–exempt
1 : exempted from a tax
2 : bearing interest that is free from federal or state income tax
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First Known Use of tax–exempt
1923
TAX–EXEMPT Defined for English Language Learners
tax-exempt
play
adjective
Definition of tax–exempt for English Language Learners
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: not taxed : exempted from a tax
Law Dictionary
tax–exempt
adjective
tax–ex·empt
Legal Definition of tax–exempt
1 : exempted from taxation; also : based on such exemption tax–exempt status
2 : providing interest or income that is exempted from taxation a tax–exempt municipal bond
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Spanish Central: Translation of tax–exempt
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