tax-exempt
English
Adjective
- Exempt from paying tax; not subject to taxation.
- As a religious charity it is tax-exempt, so all money collected goes to its good works.
- 2023 November 18, Murtaza Hussein, “Meet the Secret Donors Who Fund AIPAC’s Israel Trips for Congress”, in The Intercept[1]:
- Like other tax-exempt nonprofits, AIEF must file a Form 990 every year with the IRS, but donors are redacted from the version that is made accessible to the public.
Related terms
- tax exemption
Translations
exempted from paying tax