taxable


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Related to taxable: Taxable income

tax

 (tăks)
n.
1. A contribution for the support of a government required of persons, groups, or businesses within the domain of that government.
2. A fee or dues levied on the members of an organization to meet its expenses.
3. A burdensome or excessive demand; a strain.
tr.v. taxed, tax·ing, tax·es
1. To place a tax on (income, property, or goods).
2. To exact a tax from: taxed the people.
3. Law To assess (court costs, for example).
4. To make difficult or excessive demands upon: a boss who taxed everyone's patience.
5.
a. To accuse; confront: taxed him with ingratitude.
b. To hold accountable: The contractor was taxed with the mistake of the subcontractor.

[Middle English, from taxen, to tax, from Old French taxer, from Medieval Latin taxāre, from Latin, to touch, reproach, reckon, frequentative of tangere, to touch; see tag- in Indo-European roots.]

tax′a·ble (tăk′sə-bəl) adj.
tax′a·bly adv.
tax′er n.

taxable

(ˈtæksəbəl)
adj
1. (Accounting & Book-keeping) capable of being taxed; able to bear tax
2. (Accounting & Book-keeping) subject to tax
n
(Accounting & Book-keeping) (often plural) US a person, income, property, etc, that is subject to tax
ˌtaxaˈbility, ˈtaxableness n
ˈtaxably adv

tax•a•ble

(ˈtæk sə bəl)

adj.
1. capable of being taxed; subject to tax: a taxable gain.
n.
2. Usu., taxables. persons or things that are subject to tax.
[1425–75]
tax`a•bil′i•ty, tax′a•ble•ness, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.taxable - (of goods or funds) subject to taxation; "taxable income"; "nonexempt property"
nonexempt - (of persons) not exempt from an obligation or liability
nontaxable, exempt - (of goods or funds) not subject to taxation; "the funds of nonprofit organizations are nontaxable"; "income exempt from taxation"
Translations
خاضِع للضَّريبَه
zdanitelný
skattepligtig
veronalainenverotettava
oporeziv
adóköteles
skattskyldur
zdaniteľný
vergilendirilebilir

taxable

[ˈtæksəbl]
A. ADJgravable, imponible
B. CPD taxable income Nrenta f gravable, renta f imponible

taxable

[ˈtæksəbəl] adj [income] → imposabletax allowance npart f du revenu non imposable, abattement m à la base

taxable

adj personsteuerpflichtig; income also(be)steuerbar (form); goodsbesteuert, abgabenpflichtig

taxable

[ˈtæksəbl] adjimponibile

tax

(tӕks) noun
1. money, eg a percentage of a person's income or of the price of goods etc taken by the government to help pay for the running of the state. income tax; a tax on tobacco.
2. a strain or burden. The continual noise was a tax on her nerves.
verb
1. to make (a person) pay (a) tax; to put a tax on (goods etc). He is taxed on his income; Alcohol is taxed.
2. to put a strain on. Don't tax your strength!
ˈtaxable adjective
liable to be taxed. taxable income/goods.
taxˈation noun
the act or system of taxing.
ˈtaxing adjective
mentally or physically difficult. a taxing job.
ˌtax-ˈfree adjective, adverb
without payment of tax. tax-free income.
ˈtaxpayer noun
a citizen who pays taxes.
ˈtax (someone) with
to accuse (a person) of. I taxed him with dishonesty.
References in classic literature ?
An oppressed class under the sway of the feudal nobility, an armed and self-governing association in the mediaeval commune; here independent urban republic (as in Italy and Germany), there taxable "third estate" of the monarchy (as in France), afterwards, in the period of manufacture proper, serving either the semi-feudal or the absolute monarchy as a counterpoise against the nobility, and, in fact, corner-stone of the great monarchies in general, the bourgeoisie has at last, since the establishment of Modern Industry and of the world-market, conquered for itself, in the modern representative State, exclusive political sway.
According to his ideas, consumption was the sole thing properly taxable in times of peace.
Under section 1296(a) of the Code, a foreign corporation is a passive foreign investment company (PFIC) if (1) 75 percent or more of its gross income during the taxable year consists of passive income, or (2) at least 50 percent of the average fair market value of its assets during the taxable year consists of assets that produce passive income or are held for the production of passive income.
54,800,000 student loan asset-backed notes, taxable senior series 2005A-1 'AAA';
Income Tax Return for Certain Political Organizations, an income tax return, even if they had no taxable income.
One method taxpayers can use is simply taking advantage of lifetime-giving opportunities through the annual exclusion amount, the applicable estate and gift tax exclusion and taxable gifts.
On March 19, 1993, Tax Executives Institute submitted the following comments to the Internal Revenue Service on proposed regulations under section 382 relating to the rules for allocating net operating losses or taxable income and net capital gain or loss for the taxable year during which a loss corporation undergoes an ownership change that does not trigger an automatic closing of the year.
There is a de minimis exception by which an individual or corporate owner of less than a five-percent interest in such a partnership can elect to turn off the 2006 proposed regulations for purposes of determining section 987 gain or loss only--the regulations still apply for purposes of determining the partner's share of the taxable income or loss of the partnership.
Note that QCDs may include only amounts that otherwise would be taxable if distributed directly to the IRA participant.
Likewise, attorneys' fees paid to an injured party's attorney may also be reportable as taxable income to the injured party.
Likewise, attorneys' fees paid to an injured party's attorney also may be reportable as taxable income to the injured party That was the case in Banks, II, 125 SCt 826 (2005), when the Supreme Court held that the contingent attorneys' fees were taxable to the injured party
Boot is the term that the IRS uses for the part of a 1031 exchange that is taxable.