taxable

adjective
tax·​able | \ ˈtak-sə-bəl How to pronounce taxable (audio) \

Legal Definition of taxable

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

Other Words from taxable

taxability \ ˌtak-​sə-​ˈbi-​lə-​tē \ noun

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Cite this Entry

“Taxable.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/taxable. Accessed 29 Nov. 2020.

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Nglish: Translation of taxable for Spanish Speakers

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