The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

TAXABLE Definition & Legal Meaning

Definition & Citations:

Subject to taxation; liable to be assessed, along with others, for a share in a tax. Persons subject to taxation are sometimes called “taxables;” so property which may be assessed for taxation is said to be taxable. Applied to costs in an action, the word means proper to be taxed or charged up; le- gally chargeable or assessable.

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