exemptadjective

SMART Vocabulary: related words and phrases

Taxation
amortizable
anti-dumping
anti-progressive
anti-tax
at sourcephrase
filer
financial year
fiscal drag
fiscal year
flat tax
rebate
regressive
regressively
road tax
sales tax
taxpayer
the taxman
tithe
top rate
unprogressive

taxable | American Dictionary

taxable
adjective[ not gradable ]
us/ˈtæk·sə·bəl/
(of income) that must be included in calculating the percentage you have to pay the government

taxable | Business English

taxable
adjective
 FINANCE, TAXuk /ˈtæksəbl/us
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 sthDistributions from short-term capital gains are generally taxable as ordinary income.
taxable to sbDividends 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 ]

Examples of taxable

taxable
Even more, the nontaxable sector may have had displayed a different behaviour than the taxable sector.
We have data on individuals' taxable income in 1998.
It includes types of taxation and categories of taxable income and deductible allowances, etc., for income tax purposes.
Arbitrary assumptions were made regarding the relationship between compensation and taxable income.
Savings in the taxable account (' other savings') are considerably smaller and exhibit a distinct bubble pattern from ages 42 to 65.
The taxable income of the father (in most cases) was divided by a quotient arrived at according to the size of the family.
Unemployment benefits are now part of taxable income.
By focusing on measurement, we are able to explain both the choice of taxable economic activities and the choice of a base for their taxation.
Payments for care are not means-tested, not taxable and paid directly to care receivers.
Tax relief policies can benefit family care-givers in the form of tax credits, refundable or non-refundable, or by increasing exemptions or allowances from taxable income.
Most of these sources enumerate the number of taxable households or hearths, only leaving out the paupers who were exempt from taxes.
These include freedom from taxation, adjustment of taxable income or profits, tax-free allowances or tariff variations.
This tax amounted to about 5 per cent of taxable income, up to an income ceiling.
Further, those with both taxable and tax-deferred accounts may have low balances in their taxable accounts.
If, on the other hand, the person waits until vesting, she must pay income taxes on the $100 before placing it in the taxable account.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.