How Do You Spell TAXABLE?

Pronunciation: [tˈaksəbə͡l] (IPA)

The word 'taxable' is spelled with four letters and three syllables. The initial 't' is pronounced as a voiceless alveolar plosive, followed by the short 'a' sound. The second syllable consists of the voiceless velar fricative 'k', followed by a schwa 'ə' sound. The third and final syllable is pronounced as a long 'a' sound, followed by a voiced bilabial fricative 'b', and finally, an unvoiced alveolar plosive 'l'. The correct pronunciation of this word is /ˈtæk.sə.bəl/.

TAXABLE Meaning and Definition

  1. Taxable refers to the quality or characteristic of being subject to taxation. It is an adjective that describes any entity, such as an individual, business, or property, that is liable to pay taxes to the government based on certain criteria defined by tax laws and regulations.

    In most jurisdictions, taxation is imposed on various types of income, assets, transactions, and consumption. Taxable income refers to the portion of an individual or business's total income that is subject to taxation. This income may include wages, salaries, bonuses, commissions, rental income, investment gains, and other sources of revenue. The taxable amount is calculated by deducting allowable tax deductions, exemptions, and credits from the total income.

    Similarly, taxable assets or properties are those that are liable to be taxed. Assets can include real estate, stocks, bonds, vehicles, and other valuable possessions that are subject to taxation either through property taxes, capital gains taxes, or other applicable taxes.

    The term taxable is also used in the context of taxable transactions, which are those that are subject to a tax levied by the government on specific activities or goods. Examples of taxable transactions include the sale and purchase of goods and services, financial transactions, and international trade.

    Overall, the term taxable serves as a means to categorize and identify the entities, income, assets, and transactions that are legally obligated to contribute to the public revenue through the payment of taxes.

Top Common Misspellings for TAXABLE *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for TAXABLE

Etymology of TAXABLE

The word "taxable" has its roots in Middle English and Latin. It is derived from the Latin word "taxabilis", which means "able to be taxed". The Latin root is further derived from the verb "taxare", which means "to assess or to tax". Over time, the word "taxable" was adopted into Middle English, and it has since remained in usage to describe something or someone that is subject to taxation.

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