nontaxable nontaxable  /nɑn ˈtæk sə bəl/

Definition(s):

  • (adj) (of goods or funds) not subject to taxation

Usage(s):

  1. Barton Yount was president of the American Institute for Foreign Trade, newly organized as a nontaxable, non-profit educational corporation.
  2. That would amount to a nontaxable wage increase, though the beneficiaries might spend more on weekends.
  3. He became a bond salesman and learned the art of lobbying in the Connecticut legislature, getting his bonds made nontaxable.

News

  1. Michigan counties receive $4.1 million in federal payments

    The payments will help local governments offset losses in property taxes due to nontaxable federal lands within their boundaries.
    on June 14, 2013     Source: TV 7&4 Traverse City

  2. Federal money going to Benzie, Leelanau

    Benzie and Leelanau counties will receive a total of $121,000 to offset property tax losses from nontaxable federal land within their borders.
    on June 14, 2013     Source: Traverse City Record-Eagle

  3. Counties get money for nontaxable federal lands

    Skagit County police and fire agencies and some schools could continue to see some federal money that compensates county governments for nontaxable federal lands.
    on June 14, 2013     Source: Anacortes American

Quotes

  • "The nontaxable threshold is still going to be $15 a barrel, but we think it should be $24 with costs as they are today. There's dialog between the Energy and Finance ministries. We're continuing to discuss this. I don't want to anticipate things,...
    on Jun 26, 2008 By: Vagit Alekperov Source: Onet.pl

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