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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Due date for many tax-exempt organizations to file their 2024 tax returns. Kelly Phillips Erb, Forbes.com, 10 May 2025 This is because many grant providers require all recipients to have tax-exempt status. Philip Hackney, The Conversation, 9 May 2025 Read Next National Trump says Harvard shouldn’t be tax-exempt — but do voters agree? Brendan Rascius, Miami Herald, 8 May 2025 The Treasury Department, meanwhile, has reportedly started the process of revoking the school's tax-exempt status. Joshua Rhett Miller, MSNBC Newsweek, 7 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 18 May. 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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