taxable

taxable
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 earnings, goods, assets, etc. require a particular amount of their value to be paid to the government: »

The report shows taxable sales dropped nearly 10%.

taxable as sth »

Distributions from short-term capital gains are generally taxable as ordinary income.

taxable to sb »

Dividends generally are taxable to shareholders at the time they are paid.

»

The sale of shares of the Fund is a taxable event and may result in a capital gain or loss.

»

Her house has a taxable value of $53,777.

»

taxable capital/earnings/investments

»

taxable accounts/assets/dividends

taxability noun [U]

Financial and business terms. 2012.

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Look at other dictionaries:

  • 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 …   Law dictionary

  • 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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