tax-free

tax-free
tax-free ˌtax-ˈfree adjective TAX
tax-free income, investments, activities etc are not taxed:

• Most municipal bonds are totally tax-free.

• He retired with a tax-free lump sum (= single large amount of money ) of £80,000.

— tax-free adverb :

• Earnings can be withdrawn tax-free after seven years.

* * *

tax-free UK US /ˌtæksˈfriː/ adjective TAX
tax-free earnings, investments, etc. are ones on which no tax has to be paid: »

When you retire, the pension plan allows you to take up to 25% as a tax-free lump sum.

»

If investors fail to move the money within six months of the plan maturing, it loses its tax-free status.

»

tax-free benefits/bonus/income

»

tax-free bonds/investments/savings

tax-free adverb
»

The ""free zone"" status allows owners to repatriate 100% of their earnings tax-free.


Financial and business terms. 2012.

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Look at other dictionaries:

  • Tax Free — refers to certain types of goods and/or financial products (such as municipal bonds) that are not taxed and with earnings that are not taxed. The tax free status of these goods and/or funds may incentivize individuals and business entities to… …   Investment dictionary

  • Tax Free — это система возврата суммы налога на добавленную стоимость (НДС). Налог возвращается на покупки, сделанные иностранными гражданами при обратном пересечении границы той страны, в которой они были приобретены. В основном по системе Tax Free… …   Банковская энциклопедия

  • tax-free — adj not taxed ▪ He was paid a tax free cash sum as compensation. >tax free adv ▪ You can earn up to £65 per week tax free …   Dictionary of contemporary English

  • tax–free — adj: tax exempt Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • tax-free — adjective if something is tax free, you do not pay tax on it …   Usage of the words and phrases in modern English

  • tax-free — [taks΄frē′] adj. 1. having no taxes [a tax free state] 2. TAX EXEMPT …   English World dictionary

  • Tax free — Эта статья или раздел описывает ситуацию применительно лишь к одному региону. Вы можете помочь Википедии, добавив информацию для других стран и регионов …   Википедия

  • tax-free — also tax free ADJ: ADJ n, amount ADJ, v link ADJ Tax free is used to describe income on which you do not have to pay tax. ...a tax free investment plan. ...a return of 16.5% tax free... Redundancy payments are tax free up to ₤30,000 …   English dictionary

  • tax-free — UK / US adjective if something is tax free, you do not pay tax on it …   English dictionary

  • ˌtax-ˈfree — adj something that is tax free is something that you do not pay tax on …   Dictionary for writing and speaking English

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