Taxable - Definition - Law Dictionary Home Dictionary Definition taxable

taxable

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