Taxable Entity
Definitions
- (n.) An individual or organization subject to taxation under the law.
The corporation qualifies as a taxable entity liable for income tax.
Forms
- taxable entity
- taxable entities
Related terms
See also
Commentary
The term applies broadly to persons and organizations recognized by law as subject to tax obligations; clarity in identifying taxable entities is crucial for tax compliance and enforcement.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.