nontaxable
nontaxable ontaxable 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]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • nontaxable — [spelling only] …   English World dictionary

  • nontaxable — adjective (of goods or funds) not subject to taxation the funds of nonprofit organizations are nontaxable income exempt from taxation • Syn: ↑exempt • Ant: ↑taxable • Similar to: ↑duty free, ↑ …   Useful english dictionary

  • nontaxable — adj., n.; nontaxableness, n.; nontaxably, adv. * * * …   Universalium

  • nontaxable — adjective Not subject to being taxed …   Wiktionary

  • nontaxable — adj. not subject to taxation …   English contemporary dictionary

  • nontaxable — non•tax′a•ble adj …   From formal English to slang

  • Nontaxable Distribution — A type of dividend that is paid to shareholders of a corporation not as a result of earnings, but as a return of capital. Nontaxable distributions can also include stock received from a spinoff. Dividends paid to cash value life insurance… …   Investment dictionary

  • Nontaxable Dividends — Dividends from a mutual fund or some other regulated investment company that are not taxed. Taxes are not paid out because the fund invests in municipal and other tax exempt investments. The mutual fund must invest over 50% of its capital into… …   Investment dictionary

  • IRS Publication 525 - Taxable And Nontaxable Income — A document published by the Internal Revenue Service (IRS) detailing what types of income taxpayers should consider taxable or nontaxable when filing a return. IRS Publication 525 outlines how employees are to treat income from retirement plans,… …   Investment dictionary

  • duty-free — nontaxable ontaxable 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};… …   The Collaborative International Dictionary of English

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