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nontaxable vs exempt

exempt vs nontaxable

nontaxable and exempt both are adjectives.

nontaxable is not a verb while exempt is a verb.

Word NounAdjectiveVerbAdverb
nontaxable No Yes No No
exempt No Yes Yes No
As adjectives, nontaxable and exempt are synonyms defined as:
  • nontaxable and exempt: (of goods or funds) not subject to taxation
nontaxable (adjective) exempt (adjective)
(of goods or funds) not subject to taxation (of persons) freed from or not subject to an obligation or liability (as e.g. taxes) to which others or other things are subject
(of goods or funds) not subject to taxation
nontaxable (verb) exempt (verb)
grant exemption or release to
grant relief or an exemption from a rule or requirement to
Difference between nontaxable and exempt

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