- capable of being taxed; subject to tax: a taxable gain.
- Usually taxables. persons, items of property, etc., that are subject to tax.
- not subject to tax
- capable of being taxed; able to bear tax
- subject to tax
- (often plural) US a person, income, property, etc, that is subject to tax
adj.“subject to taxation,” late 15c., from Anglo-Latin taxabilis; see tax (v.) + -able.