Tax-Free Investment

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Tax-Free Investment

An investment, the income from which is not subject to taxation. Certain income an individual or corporation derives may be tax free, even though the individual or corporation would owe taxes otherwise. For example, coupons from a municipal bond are tax-free investments at the federal level. See also: Tax credit, tax deduction.
References in periodicals archive ?
It turns car buying into a tax free investment program which provides savings for children's college education or greatly enriched retirement for every motorist.
OTA: Yes, you can reinvest up to the original amount you put in your Tessa into a special tax free investment called a Tessa Only Individual Savings Account (Toisa).
The Celtic PEP is the first occasion that a personal equity plan - a tax free investment package - has been launched by a British football club.
SY A: It would be a pity to lose out on the valuable tax free investment that an Isa offers you.