Definition of Taxable. Meaning of Taxable. Synonyms of Taxable

Here you will find one or more explanations in English for the word Taxable. Also in the bottom left of the page several parts of wikipedia pages related to the word Taxable and, of course, Taxable synonyms and on the right images related to the word Taxable.

Definition of Taxable

Taxable
Taxable Tax"a*ble, a. 1. Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities. 2. (Law) That may be legally charged by a court against the plaintiff of defendant in a suit; as, taxable costs. -- Tax"a*ble*ness, n. -- Tax"a*bly, adv.

Meaning of Taxable from wikipedia

- taxable (sometimes called non-****essable income) and some expenditures not deductible in computing taxable income. Some systems base tax on taxable income...
- rates of taxation. It is used to illustrate the concept of taxable income elasticity (that taxable income will change in response to changes in the rate of...
- corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships are not taxed (with some exceptions in the...
- gross wages. Some taxes, such as Social Security, have other exemptions. "Gross Wages vs. Taxable Wages". pocketsense.com. "Taxable Wage Definition for...
- States federal corporate tax returns require both com****tion of taxable income from components thereof and reconciliation of taxable income to financial statement...
- ****ulative taxable gifts, and is reduced by prior gift taxes paid. The federal estate tax is computed on the sum of taxable estate and taxable gifts, and...
- Sales taxes are imposed only on taxable transfers of goods or services. The tax is computed as the tax rate times the taxable transaction value. Rates vary...
- computing federal taxable income. Some cities: up to 9%, deductible in computing federal taxable income. The Federal Alternative Minimum Tax of 20% is imposed...
- income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income)...
- provided up to a 75% reduction (leaving 25% taxable) in taxable gains for business ****ets, and 40% (leaving 60% taxable), for non-business ****ets, for an individual...