from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Subject to taxation: taxable income.
- n. One that is subject to taxation: taxables such as cigarettes and liquor.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. subject to taxation.
- n. Something on which tax must be paid.
from the GNU version of the Collaborative International Dictionary of English
- adj. Capable of being taxed; liable by law to the assessment of taxes.
- adj. That may be legally charged by a court against the plaintiff of defendant in a suit.
from The Century Dictionary and Cyclopedia
- Subject or liable to taxation.
- Allowable according to law, as certain costs or disbursements of an action in court.
- n. A person or thing subject to taxation; especially, a person subject to a poll-tax.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adj. (of goods or funds) subject to taxation
Sorry, no etymologies found.
The official added that these workless households could still claim £26,000 a year, the equivalent of £35,000 in taxable income.
Instead, increase your emergency funds in taxable accounts and open a Roth IRA.
The report claims that legalizing marijuana would save the state $1 billion on law enforcement, generate an estimated $350 million in taxable revenue and make marijuana a $14 billion industry, nearly twice the size of California's dairy industry, the state's next biggest agriculture industry.
However, Mr. Wyden's idea to renew Build America Bonds with what are known as taxable tax credits appears to reflect the general direction of federal policymakers.
How about this for a simple tax (no idea if percentages work, just a rough idea, and while they seem low remmeber no deductions at all, for example I made $97K last year but thanks to deductions only had $55K in taxable income), all income is equal capital gains vs salary vs inheritamce you name it:
A dollar put into a 401K, for a taxpayer at the top bracket, will have to eventually, somehow, someway, generate $2.86 in taxable income to be a breakeven proposition for the Treasury (BTW, this is in Present Values, if you look into the future the taxable income generated would have to be much more to also account for the time value of money).
The truth is that 100% of the complexity inheres in the definition of taxable income, which takes up millions of words in the tax laws.
Despite a triple-A rating and taxation powers, Utah recently paid 0.75 percentage point over Treasurys to borrow about $100 million in taxable Build America bonds for 10 years.
He still holds some ETFs in taxable brokerage accounts because selling them would result in capital gains.
And suppose a given taxpayer has $75,000 in taxable income.