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tax-free

 
 
/ˌtæksˈfriː/ adjective TAX

Definition

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 The "free zone" status allows owners to repatriate 100% of their earnings tax-free.
(Definition of tax-free adjective from the Cambridge Business English Dictionary © Cambridge University Press)

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