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English definition of “tax-free”

tax-free

adjective     /ˌtæksˈfriː/ TAX
tax-free earnings, investments, etc. are ones on which no tax has to be paid: When you retire, the pension plan allows you to take up to 25% as a tax-free lump sum. If investors fail to move the money within six months of the plan maturing, it loses its tax-free status. tax-free benefits/bonus/income tax-free bonds/investments/savings
tax-free adverb
(Definition of tax-free adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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