adverb
- in a manner subject to taxation
Usage: finance; legal
Examples
- The investment income was taxably earned in the current year.
- Profits from the sale were taxably realized when the transaction closed.
- The company’s overseas earnings are taxably attributed to domestic operations.
- Interest payments are taxably classified as ordinary income.
- The bonus was taxably received despite being deferred.
- Capital gains become taxably recognized upon asset disposal.