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nontaxable

 

Definitions from WordNet

Adjective nontaxable has 1 sense
  1. nontaxable, exempt - (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation"
    Antonyms: taxable, nonexempt, assessable, dutiable, ratable, rateable, subject

Definitions from the Web

Nontaxable

Part of Speech: Adjective

Senses:

  1. Exempt from taxes; not subject to taxation.
  2. Not eligible to be taxed.

Usage:

1. In most countries, certain essential food items are considered nontaxable.
Sample Sentence: Fresh fruits and vegetables are often categorized as nontaxable goods, attracting no sales tax at the grocery store.

2. The government introduced a new policy making renewable energy sources nontaxable.
Sample Sentence: As part of the sustainability plan, installing solar panels is now considered a nontaxable expense, encouraging more households to shift to renewable energy.

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