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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebTaxabilityDescription:Taxability refers to the condition or state of being subject to taxation. It signifies an item, income, or transaction that is eligible to be taxed according to the law. Uses:1. Noun - General Sense:In this sense, taxability represents the overall concept of being liable to pay taxes. Example sentence: The taxability of goods sold online varies from country to country. 2. Noun - Different Senses:It can also refer to the specific degree or extent to which an item or income is subject to taxation. Example sentence: The taxability of capital gains differs depending on the duration of the investment. 3. Adjective - General Sense:When used as an adjective, taxability describes something that is susceptible or eligible to be taxed. Example sentence: The taxability of inheritances is determined by the local tax regulations. 4. Adjective - Local Sense:In certain regions, taxability can specifically refer to local taxes that are applicable within a particular jurisdiction. Example sentence: The new legislation increased the taxability of property within the city limits. Related Products:To explore more about taxability and related subjects, you can check the following products on Amazon: | ||||
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