taxable

taxable
tax·able /'tak-sə-bəl/ adj
1: subject to being taxed: making one liable to taxation
a taxable amount
a taxable event
2: that may be properly charged by the court against the plaintiff or defendant in a suit
taxable costs
3: used as the basis of a tax computation
a taxable period
tax·abil·i·ty /ˌtak-sə-'bi-lə-tē/ n

Merriam-Webster’s Dictionary of Law. . 1996.

taxable
adj.
Able to be taxed.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


taxable
adj. Something that is subject to being taxed, such as property or earned income; the amount or portion on which a tax is assessed.

Webster's New World Law Dictionary. . 2000.

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Look at other dictionaries:

  • taxable — tax‧a‧ble [ˈtæksəbl] adjective TAX if something is taxable, you must pay tax on it: • Money in the account is taxable. • investors who buy taxable bond funds * * * taxable UK US /ˈtæksəbl/ adjective FINANCE, TAX ► taxable earnin …   Financial and business terms

  • taxable — [ taksabl ] adj. • 1788; de taxer ♦ Qui peut être taxé, soumis à une taxe (3o). ⇒ imposable. Gains taxables. ● taxable adjectif Qui peut être taxé. ● taxable (synonymes) adjectif Qui peut être taxé. Synonymes …   Encyclopédie Universelle

  • Taxable — Tax a*ble, a. 1. Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities. [1913 Webster] 2. (Law) That may be legally charged by a court against the plaintiff of defendant in a suit; as, taxable… …   The Collaborative International Dictionary of English

  • taxable — subject to taxation, late 15c., from Anglo Latin taxabilis; see TAX (Cf. tax) (v.) + ABLE (Cf. able) …   Etymology dictionary

  • taxable — Subject to taxation; liable to be assessed, along with others, for a share in a Something of value, subject to assessment, and to be levied upon and sold for taxes. Williams v. School Dist. No. 32 in County of Fremont, 56 Wyo. 1, 102 P.2d 48, 52 …   Black's law dictionary

  • taxable — tax|a|ble [ tæksəbl ] adjective something that is taxable is something you have to pay tax on: All income over a certain amount is taxable. taxable profits …   Usage of the words and phrases in modern English

  • taxable — UK [ˈtæksəb(ə)l] / US adjective taxable money that you earn or receive is money that you have to pay tax on All income over £4,500 is taxable. taxable profits …   English dictionary

  • taxable — adj. VERBS ▪ be ▪ become ▪ remain ▪ make sth ADVERB ▪ fully …   Collocations dictionary

  • taxable — tax|a|ble [ˈtæksəbəl] adj if money that you receive is taxable, you have to pay tax on it taxable income/profits/earnings etc …   Dictionary of contemporary English

  • taxable — taxability, taxableness, n. taxably, adv. /tak seuh beuhl/, adj. 1. capable of being taxed; subject to tax: a taxable gain. n. 2. Usually, taxables. persons, items of property, etc., that are subject to tax. [1425 75; late ME; see TAX, ABLE] * *… …   Universalium

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