Library / English Dictionary

    TAXABLE

    Pronunciation (US): Play  (GB): Play

     I. (adjective) 

    Sense 1

    Meaning:

    (of goods or funds) subject to taxationplay

    Example:

    nonexempt property

    Synonyms:

    nonexempt; taxable

    Classified under:

    Adjectives

    Similar:

    assessable (capable of being assessed especially for the purpose of taxation)

    dutiable (subject to import tax)

    ratable; rateable (liable to payment of locally assessed property taxes)

    Also:

    nonexempt ((of persons) not exempt from an obligation or liability)

    Antonym:

    nontaxable ((of goods or funds) not subject to taxation)

    Derivation:

    tax (levy a tax on)

    taxability (liability to taxation)

    Credits


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