Definition of taxable in English:
taxable
adjective ˈtaksəb(ə)lˈtæksəb(ə)l
Liable to be taxed; subject to tax.
taxable employee benefits
Example sentencesExamples
- The typical profit-sharing plan - taxable bonuses doled out each profitable quarter - seemed shortsighted.
- Up to $3,000 of investment losses can be used to reduce regular taxable income.
- Taxable sales in the county increased 40%.
- Sole proprietorships are audited more than any other taxable entity.
- Net capital gains are fully taxable.
Definition of taxable in US English:
taxable
adjectiveˈtæksəb(ə)lˈtaksəb(ə)l
Liable to be taxed; subject to tax.
taxable employee benefits
Example sentencesExamples
- The typical profit-sharing plan - taxable bonuses doled out each profitable quarter - seemed shortsighted.
- Sole proprietorships are audited more than any other taxable entity.
- Taxable sales in the county increased 40%.
- Up to $3,000 of investment losses can be used to reduce regular taxable income.
- Net capital gains are fully taxable.