Leviable definitions
| Word backwards | elbaivel |
|---|---|
| Part of speech | The word "leviable" is an adjective. |
| Syllabic division | le-vi-a-ble |
| Plural | The plural form of the word "leviable" is leviables. |
| Total letters | 8 |
| Vogais (3) | e,i,a |
| Consonants (3) | l,v,b |
When it comes to taxes and financial matters, understanding the term leviable is essential. Leviable refers to something that is subject to a levy or tax. This means that a particular item, income, or transaction can be legally taxed by the government or other authorized entity.
Leviable items can vary depending on the jurisdiction and specific tax laws in place. Common examples of leviable items include income, property, assets, and sales. Governments use levies to generate revenue to fund public services and infrastructure.
Leviable
Leviable taxes can be imposed at the federal, state, or local level, and the rates may differ based on the type of tax and the taxpayer's circumstances. Understanding which items are leviable and how they are taxed can help individuals and businesses comply with tax laws and regulations.
Leviable
It is crucial for taxpayers to stay informed about leviable items to ensure accurate reporting and payment of taxes. Failure to pay levies on leviable items can result in penalties, fines, and legal consequences.
In conclusion, knowing what is considered leviable and understanding the implications of taxes on these items is vital for individuals and businesses. By staying informed and compliant with tax laws, taxpayers can avoid unnecessary legal issues and contribute to the functioning of the government and society.
Leviable Examples
- The government has implemented a new tax law that makes certain items leviable.
- The company was unaware of the leviable charges associated with importing goods.
- Customs duties are usually leviable on imported products.
- The new policy aims to reduce the leviable burden on small businesses.
- Income earned from rental properties is leviable under current tax regulations.
- Tax exemptions are available for income falling below the leviable threshold.
- Charitable donations are usually not leviable for tax purposes.
- It is important to understand which transactions are leviable in order to avoid penalties.
- The leviable amount for property tax is determined based on the property's assessed value.
- The company may contest the leviable charges imposed by the tax authorities.