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Definitions from the Web

Nontax

1. Noun: Referring to any monetary obligation or financial transaction that is exempt from taxes.

Example sentence: The organization is a nontax entity, therefore, it does not have to pay income taxes.

2. Adjective: Describing anything that is not subject to taxation.

Example sentence: The company provides nontax benefits to its employees, such as health insurance.

3. Verb: To exclude something from being taxed.

Example sentence: The government decided to nontax personal protective equipment during the pandemic to ensure affordable access for everyone.

4. Adverb: Indicates an action that is done without any tax implications.

Example sentence: The company managed to grow its profits nontax by investing in tax-exempt securities.

5. Related Products:

- Nontax Benefits

- Nontax Entity

- Nontax Securities