untaxed
/' n't kst/
Học thuậtThân thiện
Definition
Adjective 1. Not subject to taxation; exempt from taxes: Describing goods, funds, income, or accounts on which no tax is levied or required to be paid. 2. Not burdened or charged: In a broader, less common sense, can describe something not subjected to a figurative burden or charge (e.g., blame).
Usage
The word "untaxed" is used to describe items, typically financial in nature, that are legally free from tax obligations. It is the opposite of "taxed." * It commonly modifies nouns like income, account, funds, bonds, goods, assets, profits. * It often appears in financial, legal, and business contexts.
Examples
- The interest earned on these municipal bonds is untaxed at the federal level.
- The company provided an untaxed allowance for business travel.
- In some jurisdictions, basic food items remain untaxed.
- He transferred the funds into an untaxed savings account.
Advanced Usage
- "to remain/go untaxed": To continue to be or become free from taxation.
- If structured correctly, the inheritance can remain untaxed.
- "legally/properly untaxed": Emphasizing the lawful or correct status of being tax-free.
- The transaction was legally untaxed under the old treaty.
Variants and Related Words
- Tax-exempt (adj.): A near-synonym, often used interchangeably with "untaxed," particularly for income or bonds. It can imply a specific legal exemption.
- Tax-free (adj.): Another common synonym, frequently used in consumer contexts (e.g., tax-free shopping).
- Duty-free (adj.): Specifically refers to goods on which no import tax (duty) is paid.
- Nontaxable (adj.): A formal synonym used in legal and accounting language.
Synonyms
- Tax-exempt
- Tax-free
- Nontaxable
- Duty-free (for imported goods)
Antonyms
- Taxed
- Taxable
- Dutiable
Adjective
- (of goods or funds) not taxed
- tax-exempt bonds
- an untaxed expense account