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Taxable vs Taxability - What's the difference?

taxable | taxability |

As nouns the difference between taxable and taxability

is that taxable is something on which tax must be paid while taxability is the quality of being taxable.

As an adjective taxable

is subject to taxation.

taxable

English

Adjective

(-)
  • subject to taxation.

    • Noun

    (en noun)
  • Something on which tax must be paid.

    • taxability

    English

    Noun

    (-)
  • The quality of being taxable.
  • *{{quote-news, year=2007, date=August 24, author=, title=Foreclosure and Taxes, work=New York Times citation
    • , passage=The taxability of forgiven debt is set to become a pressing issue as more homeowners fall behind on their mortgages and face foreclosure. }}