tax-free

American  

[taks-free] / ˈtæksˌfri /

adjective

1. tax-exempt.

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tax-free British  

adjective

1. not needing to have tax paid on it

   tax-free savings schemes

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Etymology

Origin of tax-free

First recorded in 1695–1705; tax + -free

Example Sentences

“If you are focused specifically on education, then exploring a 529 plan is likely smarter, especially because they offer tax-free distributions. And for qualified expenses, they may also offer state tax benefits,” she said.

From MarketWatch

Principal can be taken out tax-free anytime, and withdrawals of growth are tax-free after five years.

From Barron's

Dubai has in recent years become a hive of influencers, entrepreneurs and millionaires, enticed by the business-friendly and income tax-free city and the lavish lifestyles on offer.

From Barron's

Police officers with this status are entitled to receive 100% of their base salary tax-free for up to a year and then two-thirds afterward if the injury persists.

From Los Angeles Times

Don’t overlook this triple-tax-advantaged powerhouse: Money is contributed tax-free to an HSA, grows tax-free, and can be withdrawn tax-free as long as it’s used for qualifying medical expenses.

From Barron's