Definitions of "taxable"
  1. A term used to describe a situation, object, or person that is subjected to taxation or made liable for it
  2. Pertains to the amount or fees that could legally be charged by a court to a party involved in a lawsuit, either plaintiff or defendant
  3. Refers to the situation where a specific value, asset, or income is used as the starting point for calculating the amount of tax that needs to be paid
How to use "taxable" in a sentence
  1. The accountant confirmed that the company's revenue is taxable.
  2. The attorney reviewed the costs, making note of what would be taxable by the court.
  3. Since the property's value is taxable, it heavily influences the amount of property tax to be paid.

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