TAXABLE

Pronunciation (US): (GB):

Meaning:

(of goods or funds) subject to taxation

Example:

nonexempt property

Synonyms:

nonexempt; taxable

Classified under:

Adjectives

Similar:

assessable (capable of being assessed especially for the purpose of taxation)

dutiable (subject to import tax)

ratable; rateable (liable to payment of locally assessed property taxes)

Also:

nonexempt ((of persons) not exempt from an obligation or liability)

Antonym:

nontaxable ((of goods or funds) not subject to taxation)

Derivation:

tax (levy a tax on)

taxability (liability to taxation)