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

He compared tax-free growth in a 529 to what his taxable account may earn over the years before his children go to college.

From The Wall Street Journal

It applies to all fuel types, including electric vehicles which lost their tax-free status last year.

From BBC

“The benefit of a Roth is that you get tax-deferred growth on your investments inside of the account and potentially tax-free withdrawals from it,” Hopkins said.

From MarketWatch

Some 24 million people have investments in £1 bonds which are entered into a monthly prize draw, with tax-free winnings from £25 up to £1 million.

From BBC

The account would grow to $56,019 by age 59½, withdrawals would be tax-free, and there are no required minimum distributions.

From The Wall Street Journal