non-taxable Meaning in the Cambridge English Dictionary
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Meaning of “non-taxable” in the English Dictionary

"non-taxable" in Business English

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ACCOUNTING, TAX used to describe ​income, an ​asset, etc. on which you do not have to ​paytax: Profits from ​exports are non-taxable for up to six ​years. non-taxable ​income
(Definition of non-taxable from the Cambridge Business English Dictionary © Cambridge University Press)
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