But there are some problems with this strategy, and even if it works, there's a $13,000 annual limit on tax-free gifts.
End the tax-free status of employer health benefits: So many problems with this, I think we can all agree it's a nonstarter.
Ah, yes, because they aren't exactly swimming in gilded pools of tax-free income.
OWS has argued that their tax-free status somehow magically makes this obligation go away, and that anyway, it's a tax-free gift.
Because, whatever the history, Amazon's competitive advantage no longer derives from its tax-free status.
Everyone in the program would leave with some allowance, a tax-free monthly allotment.
Since the introduction of tax-free manufactured cigars from the Philippines the importation of leaf has declined.
Those who have made the trip again and again, sit down in the bar and enjoy the tax-free prices.
It is argued that this drives great incomes to evasion by investment in tax-free securities, which is probably true.
An attempt is made to represent this after-acquired property as also tax-free.