The Opposite(Antonym) of “taxable”
The antonyms of taxable are nontaxable, exempt, and untaxed. These words describe items or income that are not subject to taxes.
Explore all Antonyms of “taxable”
Definitions and Examples of nontaxable, exempt, untaxed
Learn when and how to use these words with these examples!
Not subject to taxation.
Example
The interest earned on municipal bonds is nontaxable.
Free from an obligation, duty, or liability to pay taxes.
Example
Some nonprofit organizations are exempt from paying taxes.
Not taxed; without tax.
Example
The company's profits from overseas operations were untaxed.
Key Differences: nontaxable vs exempt vs untaxed
- 1Nontaxable refers to items or income that are not subject to taxes by law.
- 2Exempt refers to items or income that are not required to pay taxes due to a specific status or condition.
- 3Untaxed refers to items or income that have not been taxed for some reason, but may still be subject to taxation in the future.
Effective Usage of nontaxable, exempt, untaxed
- 1Taxation: Use these antonyms to describe items or income that are not subject to taxes.
- 2Finance: Incorporate these antonyms in financial discussions to convey tax implications.
- 3Legal: Utilize these antonyms in legal contexts to describe tax exemptions and regulations.
Remember this!
The antonyms of taxable describe items or income that are not subject to taxes. Nontaxable refers to items or income that are not subject to taxes by law, exempt refers to items or income that are not required to pay taxes due to a specific status or condition, and untaxed refers to items or income that have not been taxed for some reason, but may still be subject to taxation in the future. Use these antonyms in taxation, finance, and legal contexts.
