tax-free

adjective

: not taxed
tax-free medical benefits

Examples of tax-free in a Sentence

Recent Examples on the Web The tax treatment would be similar to Roth individual retirement accounts, which offer tax-free withdrawals of earnings after age 59½, with some exceptions. Annie Nova,kate Dore, Cfp®, CNBC, 15 July 2024 Like many other luxury leaders, Murphy has been outspoken in his criticism of the previous U.K. government, which canceled tax-free shopping for foreigners following Brexit. Samantha Conti, WWD, 15 July 2024 Hyde-Smith and other lawmakers have been pushing to change the federal Veterinary Medicine Loan Repayment Program so that the funding is given tax-free. Andrew Joseph, STAT, 3 July 2024 Two years ago, for example, Shell’s 37 employees in the Bahamas generated $28 billion in sales and $1.55 billion in tax-free profits, according to the company’s 2022 tax contribution report. Joseph E. Stiglitz, Foreign Affairs, 3 July 2024 See all Example Sentences for tax-free 

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Cite this Entry

“Tax-free.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-free. Accessed 27 Jul. 2024.

Legal Definition

tax-free

adjective

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