Definition of “tax-free” - English Dictionary

“tax-free” in Business English

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tax-freeadjective

uk /ˌtæksˈfriː/ us 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
adverb

The "free zone" status allows owners to repatriate 100% of their earnings tax-free.

(Definition of “tax-free” from the Cambridge Business English Dictionary © Cambridge University Press)