Nontaxable

Pronunciation: /nɑnˈtæksəbəl/

Definitions of nontaxable

adjective describing something that is not subject to taxation

Example Sentences

A1 Food items are nontaxable in some countries.

A2 Basic necessities such as medicine may be considered nontaxable.

B1 Certain educational materials are nontaxable under the new regulations.

B2 Investments in nontaxable bonds can provide a steady income stream.

C1 The company took advantage of nontaxable investments to minimize their tax liability.

C2 Understanding the complexities of nontaxable income requires a deep knowledge of tax law.

Examples of nontaxable in a Sentence

formal Certain items purchased by nonprofit organizations may be nontaxable.

informal Hey, did you know that gift cards are nontaxable?

slang I love shopping online because most of the time the items are nontaxable!

figurative Her kindness towards others is like a nontaxable gift that keeps on giving.

Grammatical Forms of nontaxable

• past tense: nontaxed
• plural: nontaxables
• comparative: more nontaxable
• superlative: most nontaxable
• present tense: nontaxable
• future tense: will be nontaxable
• perfect tense: has been nontaxable
• continuous tense: is being nontaxable
• singular: nontaxable
• positive degree: nontaxable
• infinitive: to nontax
• gerund: nontaxing
• participle: nontaxing

Origin and Evolution of nontaxable

First Known Use: 1800 year

Language of Origin: English

Story behind the word: The word 'nontaxable' originated in the English language.

Evolution of the word: The term 'nontaxable' has been used to describe income, goods, or services that are not subject to taxation. Over time, the concept of what is considered nontaxable has evolved as tax laws and regulations have changed.