nontax
Not from levies
Nontax describes revenue, income, or matters that don't involve taxation.
Governments collect nontax revenue through fees, fines, licenses, and charges for services rather than through taxes.
The city's nontax revenue from parking meters exceeded projections.
In financial contexts, nontax considerations might include factors like investment risk or liquidity that exist apart from tax implications.
Costs for services
- finesMonetary sanctions or particles
- licensesOfficial permissions to act
- permitsGrants formal authorization
- tariffsTaxes on imports
tolls · charges · assessments · penalties · royalties · dividends · interest · rents
Not subject to
- deductibleOut-of-pocket threshold amount
- shelteredKept safe from harm
- municipal bondsLocal government debt securities
- Roth IRATax-advantaged retirement account
exclusion · loophole · write-off · offshore · haven · deferral · abatement · credit
Items freely given
- inheritanceProperty received from ancestors
- donationsGifts to organizations
- grantsAwarded funds for purposes
- scholarshipsFunds awarded for study
winnings · prizes · lottery · awards · bequests · alimony · child support · settlements
fees
Costs for services
- finesMonetary sanctions or particles
- licensesOfficial permissions to act
- permitsGrants formal authorization
tariffs · tolls · charges · assessments · penalties · royalties · dividends · interest · rents · proceeds
exempt
Not subject to
- deductibleOut-of-pocket threshold amount
- shelteredKept safe from harm
- municipal bondsLocal government debt securities
Roth IRA · exclusion · loophole · write-off · offshore · haven · deferral · abatement · credit · incentive
gifts
Items freely given
- inheritanceProperty received from ancestors
- donationsGifts to organizations
- grantsAwarded funds for purposes
scholarships · winnings · prizes · lottery · awards · bequests · alimony · child support · settlements · insurance payouts
nontaxtax
Mandatory public revenue charge
taxation · taxable · tax revenue · income tax · levy