taxability
Can be taxed
Taxability is whether something can be taxed, or the degree to which it's subject to taxation.
The term appears in legal and financial contexts: The taxability of retirement withdrawals depends on account type.
Questions of taxability often hinge on jurisdiction, income source, or asset classification.
Regular monetary receipts
- revenueBusiness income total
- capital gainsProfit from asset sales
- deductionsConclusions from reasoning
- creditsUnits toward graduation
withholding · levy · duty · progressive · regressive · flat rate · fiscal policy · tariff
Legal or financial obligation
- dutyRequired moral task
- burdenOppressive weight or duty
- responsibilityState of being answerable
- requirementMandatory condition to fulfill
mandate · imposition · charge · accountability · enforcement · compulsion · tithing · tribute
Legal authority's scope
- statuteEnacted written rule
- complianceAdhering to requirements
- exemptionRelease from requirement
- deductibilityEligibility for tax subtraction
liability · regulation · code · enforcement · loophole · interpretation · precedent · legislation
Formal evaluation of worth
- determinationFirmness of purpose
- calculationMathematical problem-solving process
- classificationSystematic grouping by traits
- valuationAssessment of monetary worth
appraisal · estimation · analysis · measurement · review · examination · scrutiny · audit
income
Regular monetary receipts
- revenueBusiness income total
- capital gainsProfit from asset sales
- deductionsConclusions from reasoning
credits · withholding · levy · duty · progressive · regressive · flat rate · fiscal policy · tariff · excise
liability
Legal or financial obligation
- dutyRequired moral task
- burdenOppressive weight or duty
- responsibilityState of being answerable
requirement · mandate · imposition · charge · accountability · enforcement · compulsion · tithing · tribute · assessment
jurisdiction
Legal authority's scope
- statuteEnacted written rule
- complianceAdhering to requirements
- exemptionRelease from requirement
deductibility · liability · regulation · code · enforcement · loophole · interpretation · precedent · legislation · ruling
assessment
Formal evaluation of worth
- determinationFirmness of purpose
- calculationMathematical problem-solving process
- classificationSystematic grouping by traits
valuation · appraisal · estimation · analysis · measurement · review · examination · scrutiny · audit · rating
taxabilitytax exemption
Freedom from governmental levies
exemption · tax-exempt status · tax-free status · tax shelter · tax haven
tax, taxing, taxation, overtaxed, overtax, taxable, nontaxable, overtaxing, taxations