Taxability in a sentence

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Synonym: liability. Antonym: exemption, immunity

Meaning: The quality of being subject to taxation.


Taxability in a sentence

(1) The taxability of the inheritance depends on the value of the assets.

(2) The taxability of certain investments can vary depending on the country.

(3) The taxability of forgiven debt can result in unexpected tax liabilities.

(4) The taxability of home office deductions can be limited by certain criteria.

(5) The taxability of the online sales depends on the nexus rules of each state.

(6) The taxability of gifts and inheritances can differ based on the jurisdiction.

(7) The taxability of the rental income from the property is subject to local laws.

(8) The taxability of employee bonuses can be subject to different withholding rates.

(9) The taxability of foreign income can be complex due to international tax treaties.

(10) The taxability of rental property losses can be limited by passive activity rules.



Taxability sentence

(11) The taxability of gambling winnings can be subject to both federal and state taxes.

(12) The taxability of alimony payments can be different for the payer and the recipient.

(13) The taxability of foreign tax credits can help offset taxes paid to other countries.

(14) The taxability of the new investment scheme is still under review by the government.

(15) The taxability of business expenses can be subject to scrutiny by the tax authorities.

(16) The taxability of capital gains can change depending on the holding period of the asset.

(17) The taxability of the cryptocurrency transactions is still a grey area in many countries.

(18) Understanding the taxability of different income sources is crucial for financial planning.

(19) The taxability of self-employment income can require additional reporting and calculations.

(20) The taxability of Social Security benefits can be affected by the recipient's total income.




Taxability make sentence

(21) The taxability of the employee benefits package varies depending on the company's policies.

(22) The taxability of the charitable donations can be claimed as deductions on your tax return.

(23) The taxability of stock options can depend on the type of option and the timing of exercise.

(24) The taxability of insurance proceeds can depend on the purpose for which they were received.

(25) The taxability of dividends can vary depending on whether they are qualified or non-qualified.

(26) The taxability of the capital gains from the stock market is determined by the holding period.

(27) The taxability of the personal injury settlement depends on the nature of the damages awarded.

(28) The taxability of rental property income can be affected by the number of days it is rented out.

(29) The taxability of rental property improvements can be depreciated over a certain period of time.

(30) The taxability of the foreign income is subject to double taxation agreements between countries.



Sentence of taxability

(31) The taxability of royalties can depend on the nature of the intellectual property being licensed.

(32) The taxability of state and local taxes can be influenced by the taxpayer's federal tax situation.

(33) The taxability of scholarships and grants can be influenced by the expenses they are used to cover.

(34) It is important to consult a tax professional to determine the taxability of your business expenses.

(35) The taxability of rental income can be affected by various factors such as location and property type.

(36) The taxability of retirement account withdrawals can be influenced by the age at which they are taken.

(37) The taxability of employee stock purchase plans can vary depending on the holding period of the shares.

(38) The taxability of annuity payments can depend on whether they are considered qualified or non-qualified.

(39) The taxability of employee benefits can vary depending on the type of benefit and the employer's policies.

(40) The taxability of interest income can be affected by the type of investment and the taxpayer's overall income.



Taxability meaning


Taxability is a term that refers to the ability or liability of a particular item or income to be subject to taxation. Understanding how to use this word or phrase in a sentence can be helpful in various contexts, such as legal discussions, financial planning, or tax-related conversations. Here are some tips on how to incorporate "taxability" effectively in your sentences:


1. Define the term: When introducing the word "taxability" in a sentence, it is often helpful to provide a brief definition or explanation.

For example, "Taxability, which refers to the potential for an item to be taxed, is an important consideration in financial planning."


2. Use it in a legal context: Taxability is frequently discussed in legal contexts, particularly when determining the tax implications of certain transactions or income sources. For instance, "The court ruled that the taxability of the inheritance should be determined based on the applicable tax laws."


3. Discuss tax planning: When discussing tax planning strategies or considerations, incorporating "taxability" can help convey the importance of understanding the potential tax consequences.

For example, "Investors should carefully evaluate the taxability of their investment income to optimize their tax planning strategies."


4. Compare taxability of different items: You can use "taxability" to compare the tax implications of different items or income sources. For instance, "The taxability of capital gains is typically higher than that of dividends, making it important for investors to consider the composition of their investment portfolio."


5. Highlight exemptions or exceptions: Taxability can also be used to discuss exemptions or exceptions to taxation.

For example, "Certain charitable donations may qualify for tax-exempt status, reducing the taxability of the donor's income."


6. Discuss international tax considerations: If you are discussing international tax matters, incorporating "taxability" can help convey the differences in tax systems and their impact on cross-border transactions. For instance, "The taxability of foreign-sourced income depends on the tax treaties between the countries involved."


7. Address changes in tax laws: Tax laws are subject to change, and using "taxability" in sentences can help convey the impact of these changes.

For example, "The recent amendment to the tax code has altered the taxability of certain deductions, affecting many taxpayers."


8. Use it in financial reporting: When discussing financial statements or reports, incorporating "taxability" can help convey the impact of taxes on a company's financial performance. For instance, "The company's financial statements reflect the taxability of its income, which has a significant impact on its net profit."


9. Discuss tax implications in business transactions: When discussing business transactions, such as mergers, acquisitions, or divestitures, incorporating "taxability" can help convey the potential tax consequences.

For example, "The taxability of the transaction will be a key consideration in determining the overall financial impact on the company."


10. Consider the audience: Lastly, when using "taxability" in a sentence, consider the audience and their level of familiarity with tax-related terminology. Adjust the complexity and depth of your sentence accordingly to ensure effective communication. Incorporating the word "taxability" in your sentences can enhance your ability to discuss tax-related matters accurately and effectively. By following these tips, you can confidently use this word in various contexts and convey your message clearly.





The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Taxability. They do not represent the opinions of TranslateEN.com.