Definition of "taxability" [tax•a•bil•i•ty]

  • The quality of being taxable. (noun)

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Use "taxability" in a sentence
  • "Phil Foster With frequent-flier miles, the issue of taxability often comes down to whether the miles were awarded as a rebate (not taxable), a promotion (taxable) or a prize (taxable)."
  • "The non-taxability of compensation received in the form of health insurance constitutes a gigantic and totally undeserved subsidy for the insurance industry."
  • "The same taxability is true for money received through project grants from a private or governmental agency."