What is another word for tax-exempt?

Pronunciation: [tˈaksɛɡzˈɛmpt] (IPA)

Tax exemption is a term used to describe the state of being exempt from paying taxes. There are several synonyms for tax-exempt, including tax-free, non-taxable, exempt from taxation, and tax-deductible. All these terms refer to the same thing; they are used to describe a person, organization or entity that is not required to pay taxes. These synonyms are important because they help alleviate confusion when reading legal or financial documents. It also helps individuals or businesses to understand the benefits they are entitled to and their tax obligations. It is important to understand the nuances of these synonyms when dealing with tax-related issues.

Synonyms for Tax-exempt:

What are the paraphrases for Tax-exempt?

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What are the hypernyms for Tax-exempt?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Tax-exempt?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for tax-exempt?

Tax-exempt refers to entities or activities that are not subject to taxation. The antonyms for tax-exempt can be tax-inclusive or taxable. Taxable refers to entities or activities that are subject to taxation, while tax-inclusive refers to the inclusion of taxes in the price of a product or service. Taxable entities can include individuals, companies, or assets, while taxable activities may involve employment, business operations, or investment income. Tax inclusion is commonly used in value-added taxes, where tax payments are included in the price of goods or services. In contrast, tax exemption usually applies to non-profit organizations, religious institutions, and charitable activities.

What are the antonyms for Tax-exempt?

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