tax-exempt

adjective

tax-ex·​empt ˌtaks-ig-ˈzem(p)t How to pronounce tax-exempt (audio)
1
: exempted from a tax
2
: bearing interest that is free from federal or state income tax

Examples of tax-exempt in a Sentence

Recent Examples on the Web
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President Donald Trump has also expressed interest in revoking the university's tax-exempt status. Doc Louallen, ABC News, 29 May 2025 The Trump administration has already ordered federal agencies to cancel roughly $100 million in contracts with Harvard, canceled more than $2.6 billion in federal research grants and threatened the school’s tax-exempt status. Dave Goldiner, New York Daily News, 29 May 2025 The administration is pushing to cut roughly $100 million in contracts with the school, block international student enrollment, and revoke Harvard's tax-exempt status. Amanda Castro, MSNBC Newsweek, 29 May 2025 The ruling comes amid a heated battle between Harvard and President Trump, who has also targeted its federal funding and called for its tax-exempt status to be revoked. Lexi Lonas Cochran, The Hill, 29 May 2025 See All Example Sentences for tax-exempt

Word History

First Known Use

1923, in the meaning defined at sense 1

Time Traveler
The first known use of tax-exempt was in 1923

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Cite this Entry

“Tax-exempt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-exempt. Accessed 8 Jun. 2025.

Legal Definition

tax-exempt

adjective
1
: exempted from taxation
also : based on such exemption
tax-exempt status
2
: providing interest or income that is exempted from taxation
a tax-exempt municipal bond

More from Merriam-Webster on tax-exempt

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