untaxed
Bearing no levy
Untaxed describes income, goods, or transactions not subject to taxation.
Some items are untaxed by design—certain food staples, for instance.
Other things go untaxed through evasion or oversight: untaxed earnings, untaxed imports.
The word often implies something that should be taxed but isn't: billions in untaxed offshore profits.
Exempt from import tariffs
- zero-ratedSubject to null taxation
- deductibleOut-of-pocket threshold amount
- write-offRecorded value reduction
- loopholeExploitable gap in rules
allowance · rebate · relief · concession · exclusion · immunity · offshore · shelter
Not officially documented
- undeclaredNot officially acknowledged
- off-the-booksUnrecorded for tax purposes
- under-the-tableSecret and unofficial
- cash-in-handPayment in physical currency
black-market · underground · shadow · unrecorded · hidden · moonlighting · bootleg · contraband
duty-free
Exempt from import tariffs
- zero-ratedSubject to null taxation
- deductibleOut-of-pocket threshold amount
- write-offRecorded value reduction
loophole · allowance · rebate · relief · concession · exclusion · immunity · offshore · shelter · deduction
unreported
Not officially documented
- undeclaredNot officially acknowledged
- off-the-booksUnrecorded for tax purposes
- under-the-tableSecret and unofficial
cash-in-hand · black-market · underground · shadow · unrecorded · hidden · moonlighting · bootleg · contraband · smuggled
unencumbered
Free from hindrances
- lightenedMade less heavy
- relievedNo longer anxious
- unburdenedFreed from a load
unhampered · net · take-home · retained · kept · pocketed · savings · windfall · bonus
- tax-freeduty free, exempt
- hidden incomeunreported income, undeclared, hidden income, off the books, under the table
- money wordsvalue, worth, wealth, poverty, costly
- unregulatedderegulated, unrestricted, unmonitored, unsupervised, unchecked