Definition of untaxed in English:
Not taxed or subject to taxation.
- Social Security benefits are untaxed for relatively low-income beneficiaries but 85% taxable for higher-income recipients.
- Items which could reduce your tax free allowance are any untaxed interest, benefits in kind or any freelance earnings.
- It is true that a partial excise can be shifted forward in this way, in the long run, by resources leaving, let us say, the liquor industry and shifting into other untaxed industries.
Definition of untaxed in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia