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Longman Dictionary English

Word family noun tax taxation adjective taxable taxing verb tax
From Longman Dictionary of Contemporary Englishtaxabletax‧a‧ble /ˈtæksəbəl/ adjective if money that you receive is taxable, you have to pay tax on it OPP non-taxabletaxable income/profits/earnings etc
Examples from the Corpus
taxable• Many social security benefits are also taxable.• The benefit counts as taxable income, but it is not means-tested and there are no National Insurance contribution conditions.• The average tax rate is the total tax paid divided by total taxable income.• What is the average tax rate at the $ 16,000 and $ 20,000 levels of taxable income?• And most suburban districts do not have the same high taxable industrial base that the city enjoys.• This exception to the general rule that perks are taxable is the most important exception.• We add $ 200 a month to taxable mutual fund accounts.• So a £100,000 investment immediately reduces taxable profit by £100,000.taxable income/profits/earnings etc• Multiply the result by 17 percent, the rate that Forbes would apply to all taxable income.• The average tax rate is the total tax paid divided by total taxable income.• What is the average tax rate at the $ 16,000 and $ 20,000 levels of taxable income?• Before 1986, donors could reduce their taxable income by the full fair-market value of gifts to non-profits institutions.• Analysts predict £5.8m taxable profits for the year, with the second half traditionally stronger.• The cardinal rule is: only register if your taxable income is less than your tax allowances.• A slump in taxable profits left food distributor Booker down 19p at 420p.• The previous 12 months saw taxable profits of £13 million.
From Longman Business Dictionarytaxabletax‧a‧ble /ˈtæksəbəl/ adjectiveTAX if something is taxable, you must pay tax on itMoney in the account is taxable.investors who buy taxable bond funds
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