Ballentine's law dictionary. Anderson, W.S.. 1998.
taxable — tax‧a‧ble [ˈtæksəbl] adjective TAX if something is taxable, you must pay tax on it: • Money in the account is taxable. • investors who buy taxable bond funds * * * taxable UK US /ˈtæksəbl/ adjective FINANCE, TAX ► taxable earnin … Financial and business terms
value — val·ue 1 / val yü/ n 1 a: a fair return or equivalent in goods, services, or money for something exchanged received good value for the price b: valuable consideration at consideration … Law dictionary
taxable person — In the context of value added tax (VAT), a supplier who has made supplies over the past 12 months exceeding (or there are reasonable grounds for believing that such value will exceed in the next month) the registration limit. A taxable person… … Law dictionary
taxable supply — For value added tax purposes, every supply of goods and services made in the UK other than an exempt supply. Related links value added tax Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com … Law dictionary
taxable benefit — UK US noun [C, usually plural] FINANCE, TAX ► an extra advantage that employees receive in addition to their pay, whose value is included when calculating their income tax: »Private health insurance and company cars are classified as taxable… … Financial and business terms
value added tax — index ad valorem Burton s Legal Thesaurus. William C. Burton. 2006 value added tax … Law dictionary
Value added tax — Taxation An aspect of fiscal policy … Wikipedia
taxable person — In the UK value added tax legislation, an individual, partnership, limited company, club, association, or charity that makes regular taxable supply above a certain annual value. Value added tax is charged on taxable supplies made by taxable… … Big dictionary of business and management
taxable — Subject to taxation; liable to be assessed, along with others, for a share in a Something of value, subject to assessment, and to be levied upon and sold for taxes. Williams v. School Dist. No. 32 in County of Fremont, 56 Wyo. 1, 102 P.2d 48, 52 … Black's law dictionary
Taxable Estate — The total value of a deceased person s assets that are subject to taxation minus liabilities and minus the prescribed tax deductible portion of assets left behind by the deceased. The following items can be deducted to determine the taxable… … Investment dictionary
