tax-exempt
Definitions
Not subject to or required to pay taxes.
Relating to income or property that is excluded from taxation by law.
Examples
Non-profit organizations often qualify for tax-exempt status under federal law.
The investor decided to put his savings into a tax-exempt municipal bond.
Many government entities are considered tax-exempt when purchasing goods for public use.
Synonyms
tax-free nontaxable exempt untaxed duty-free tax-shielded tax-sheltered