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 ?
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.
Including amortization of tax free investments, Fulton sees a low single-digit growth rate in non-interest expense in 2018.
ISAs are tax free investments and have the potential for growth above the current level of inflation over the longer term (subject to investment risk).