2 definitions found From The Collaborative International Dictionary of English v.0.48 [gcide]: nontaxable \nontaxable\ adj. Not subject to taxation; -- of goods imported into a country or sold at retail outlets; as, most laws imposing sales taxes make food nontaxable. Opposite of {taxable}. [Narrower terms: {duty-free}; {tax-exempt, tax-free}; {unratable}; {untaxed ] Also See: {exempt}. [WordNet 1.5] From WordNet (r) 2.0 [wn]: nontaxable adj : (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation" [syn: {exempt}] [ant: {taxable}]
Powered by Blog Dictionary [BlogDict]
Kindly supported by
Vaffle Invitation Code
Get a Freelance Job - Outsource Your Projects | Threadless Coupon
All rights
reserved. (2008-2024)