tax-exempt
adjective
tax-ex·empt
ˌtaks-ig-ˈzem(p)t 
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
But that doesn’t help many health professionals, because the FTC Act gives the agency authority over companies organized to operate for profit but not over nonprofit, charitable organizations, which are also tax-exempt.
—
Harris Meyer, Fortune, 27 May 2024
Kulkarni said the approval of the bankruptcy plan will allow the school to address its delinquency in registering as a charity with the Maryland Secretary of State and filing its IRS Form 990 for a tax-exempt organization.
—Jean Marbella, Baltimore Sun, 20 Feb. 2024
The Conservative Partnership Institute applied to the Internal Revenue Service as a tax-exempt nonprofit, and the agency approved.
—David A. Fahrenthold, New York Times, 6 May 2024
Last month, Brightline West broke ground on the 218-mile Las Vegas to Southern California system, bolstered by $3 billion from the Biden administration, along with access to $3.5 billion in tax-exempt bonds.
—Rachel Uranga, Los Angeles Times, 3 May 2024
The letter also calls for ethnic and community-specific media to receive a larger share of the money, and to expand the funding option for nonprofits, which as tax-exempt organizations would otherwise be ineligible to receive the credit.
—Andrew Sheeler, Sacramento Bee, 2 May 2024
Portable generators less than $3,000 are tax-exempt, as are emergency ladders (not extension ladders) and hurricane shutters under $300.
—Brayden Garcia, Fort Worth Star-Telegram, 23 Apr. 2024
The rest of the project will be privately funded, although taxpayers are contributing there as well; the Biden administration has enabled the project to borrow $3.5 billion through tax-exempt bonds.
—Karen Garcia, Los Angeles Times, 23 Apr. 2024
Brightline received Biden administration backing including a $3 billion grant from federal infrastructure funds and recent approval to sell another $2.5 billion in tax-exempt bonds.
—Ken Ritter, Quartz, 23 Apr. 2024
Harris Meyer, Fortune, 27 May 2024
Kulkarni said the approval of the bankruptcy plan will allow the school to address its delinquency in registering as a charity with the Maryland Secretary of State and filing its IRS Form 990 for a tax-exempt organization.
—Jean Marbella, Baltimore Sun, 20 Feb. 2024
The Conservative Partnership Institute applied to the Internal Revenue Service as a tax-exempt nonprofit, and the agency approved.
—David A. Fahrenthold, New York Times, 6 May 2024
Last month, Brightline West broke ground on the 218-mile Las Vegas to Southern California system, bolstered by $3 billion from the Biden administration, along with access to $3.5 billion in tax-exempt bonds.
—Rachel Uranga, Los Angeles Times, 3 May 2024
The letter also calls for ethnic and community-specific media to receive a larger share of the money, and to expand the funding option for nonprofits, which as tax-exempt organizations would otherwise be ineligible to receive the credit.
—Andrew Sheeler, Sacramento Bee, 2 May 2024
Portable generators less than $3,000 are tax-exempt, as are emergency ladders (not extension ladders) and hurricane shutters under $300.
—Brayden Garcia, Fort Worth Star-Telegram, 23 Apr. 2024
The rest of the project will be privately funded, although taxpayers are contributing there as well; the Biden administration has enabled the project to borrow $3.5 billion through tax-exempt bonds.
—Karen Garcia, Los Angeles Times, 23 Apr. 2024
Brightline received Biden administration backing including a $3 billion grant from federal infrastructure funds and recent approval to sell another $2.5 billion in tax-exempt bonds.
—Ken Ritter, Quartz, 23 Apr. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tax-exempt.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Tax-exempt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-exempt. Accessed 2 Jun. 2024.
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