untaxable Definition
not subject to taxation; exempt from taxes.
Using untaxable: Examples
Take a moment to familiarize yourself with how "untaxable" can be used in various situations through the following examples!
Example
The interest earned on municipal bonds is usually untaxable.
Example
Some food items are considered untaxable in certain states.
Example
The company provides its employees with untaxable benefits such as health insurance.
untaxable Synonyms and Antonyms
Synonyms for untaxable
- nontaxable
- tax-exempt
- tax-free
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Summary: untaxable in Brief
The term 'untaxable' [ʌnˈtæksəbl] refers to something that is not subject to taxation or exempt from taxes. It is often used to describe income, benefits, or goods that are not taxed, such as 'The interest earned on municipal bonds is usually untaxable.' 'Untaxable' is a synonym of 'nontaxable' and 'tax-exempt,' and an antonym of 'taxable.'
