capable of being taxed; subject to tax:
a taxable gain.
Usually, taxables. persons, items of property, etc., that are subject to tax.
capable of being taxed; able to bear tax
subject to tax
(often pl) (US) a person, income, property, etc, that is subject to tax
adjective 1. belonging to the Taxaceae, the yew family of plants. adjective 1. of, relating to, or belonging to the Taxaceae, a family of coniferous trees that includes the yews
noun, adjective an economic policy in which taxes are increased in order to fund government spending Examples We would like the tax-and-spend Republicans to be voted out of office. Usage Note tax-and-spender n
noun, American History. 1. a phrase, generally attributed to James Otis about 1761, that reflected the resentment of American colonists at being taxed by a British Parliament to which they elected no representatives and became an anti-British slogan before the American Revolution; in full, “Taxation without representation is tyranny.”.
- Tax avoidance
noun 1. reduction or minimization of tax liability by lawful methods Compare tax evasion