adjective
- not subject to taxation or not involving taxes
Examples
- The charity received nontax donations from several corporations.
- Municipal bonds often provide nontax income to investors.
- She invested in nontax retirement accounts to maximize her savings.
- The organization’s nontax status allows it to keep more funds for research.
- Nontax revenue sources help diversify the city’s budget.
- The foundation operates as a nontax entity under federal law.