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Definition of Taxable
1. Adjective. (of goods or funds) subject to taxation. "Nonexempt property"
Also: Nonexempt
Similar to: Assessable, Dutiable, Ratable, Rateable
Antonyms: Nontaxable
Derivative terms: Tax, Taxability
Definition of Taxable
1. a. Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities.
Definition of Taxable
1. Adjective. subject to taxation. ¹
2. Noun. Something on which tax must be paid. ¹
¹ Source: wiktionary.com
Definition of Taxable
1. subject to tax [adj] : TAXABLY [adv] / a taxable item [n -S]
Lexicographical Neighbors of Taxable
Literary usage of Taxable
Below you will find example usage of this term as found in modern and/or classical literature:
1. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"Property not taxable at the day the assessment closes is not taxable at all.
Mygatt v. Washburn, 15 NY, 316; Clark v. yorton, 3 Lans., 484; on appeal. ..."
2. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1912)
"Where bonds issued for the construction of free gravel roads are payable out of
a particular fund to be raised by special taxes assessed upon the taxable ..."
3. The Law of Railways: Embracing Corporations, Eminent Domain, Contracts by Isaac Fletcher Redfield (1867)
"The capital stock or property of corporations clearly taxable to them. 3. ...
Three species of property taxable to the corporation: 1st. Capital Stock. 2d. ..."
4. Maintaining Budgetary Discipline: Spending and Revenue Options edited by Sherry Snyder (1999)
"Individuals would include those amounts in their taxable income. Life insurance
disbursements and annuity benefits would no longer be taxable as they were ..."
5. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1887)
"... case of other corporations. otber provisions of the law all personal estate
included within this enumeration and real estate are taxable and were taxed ..."