Meaning of “taxable” in the English Dictionary

"taxable" in American English

See all translations

taxableadjective [ not gradable ]

us /ˈtæk·sə·bəl/

(of income) that must be included in calculating the percentage you have to pay the government

(Definition of “taxable” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"taxable" in Business English

See all translations


uk /ˈtæksəbl/ us FINANCE, TAX

taxable earnings, goods, assets, etc. require a particular amount of their value to be paid to the government:

The report shows taxable sales dropped nearly 10%.
taxable as sth Distributions from short-term capital gains are generally taxable as ordinary income.
taxable to sb Dividends generally are taxable to shareholders at the time they are paid.
The sale of shares of the Fund is a taxable event and may result in a capital gain or loss.
Her house has a taxable value of $53,777.
noun [ U ]

(Definition of “taxable” from the Cambridge Business English Dictionary © Cambridge University Press)