tax-exempt Sentence Examples
- The charitable foundation is tax-exempt, meaning it does not have to pay taxes on its income.
- The hospital's research wing is tax-exempt, allowing it to invest more in medical advancements.
- The school is a tax-exempt organization, so donations to it are deductible on one's taxes.
- As a tax-exempt religious organization, the church is not required to pay property taxes.
- The municipality offers a tax-exempt program for new businesses to encourage economic development.
- The elderly couple's retirement income is tax-exempt, providing them with financial security.
- The tax-exempt status of the non-profit organization allows it to provide essential services to the community.
- The donation to the museum was tax-exempt, making it a more attractive option for benefactors.
- The government has implemented tax-exempt zones in certain areas to stimulate growth and investment.
- The tax-exempt income of the trust fund enables the beneficiaries to enjoy a comfortable lifestyle.
tax-exempt Meaning
Wordnet
tax-exempt (n)
a security that is not subject to taxation
Wordnet
tax-exempt (s)
(of goods or funds) not taxed
Synonyms & Antonyms of tax-exempt
No Synonyms and anytonyms found
FAQs About the word tax-exempt
a security that is not subject to taxation, (of goods or funds) not taxed
No synonyms found.
No antonyms found.
The charitable foundation is tax-exempt, meaning it does not have to pay taxes on its income.
The hospital's research wing is tax-exempt, allowing it to invest more in medical advancements.
The school is a tax-exempt organization, so donations to it are deductible on one's taxes.
As a tax-exempt religious organization, the church is not required to pay property taxes.
