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Meaning of NONTAXABLE

Pronunciation:  nânt'aksubul

WordNet Dictionary
 
 Definition: [adj]  (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation"
 
 Synonyms: duty-free, exempt, tax-exempt, tax-free, unratable, untaxed
 
 Antonyms: nonexempt, taxable
 

 

 

 

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