Taxable transaction


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Taxable transaction

Any transaction that is not tax-free to the parties involved, such as a taxable acquisition.

Taxable Transaction

A transaction that results in one receiving income that may be taxed. Common taxable transactions are the reception of a paycheck or the sale of stock for a profit. Often, investors wait to sell securities until a certain time (such as a new calendar year) in order to minimize the taxable transactions that occur in a given period of time.
References in periodicals archive ?
For example, if a taxable transaction is assumed, there would be no deferred taxes included as the net assets would have tax basis consistent with book basis.
2 percent represents an actual decrease in the number of taxable transactions.
However, because WFOE's immediate parent company has changed, this reorganization would be considered a taxable transaction for Chinese capital gain tax purposes.
Finally, comments are requested whether, as a policy matter, transaction costs should be treated in the same fashion regardless of (1) which party (acquirer, seller (transferor), or target) incurs the costs and (2) whether the costs facilitate a tax-free transaction or taxable transaction.
IRS letter ruling 8113107 concluded that the transfer of the assets into such a trust didn't cause a taxable transaction for the beneficiary.
A simple transfer to an existing corporation owned entirely by an individual would normally be a simple matter, but in the context of New York State Sales Tax Law it is a complex, taxable transaction.
To qualify for this, a license holder is to complete a taxable transaction on or before 31 May 2017.
Distributing must not have acquired control of Controlled within the preceding five years in a wholly or partially taxable transaction.
A foreclosure or a "deed-in-lieu" of foreclosure creates a taxable transaction for both you and the borrower.
Section 205 would encourage charitable giving and protect taxpayers who don't realize gifting appreciated property through an S corporation results in recognition of the gain inherent in the property when the S corporation stock eventually is disposed of in a taxable transaction.
Under the proposed regulations, when a gain is recognized on a sale or exchange of an interest in a partnership, S corporation, or trust owning collectibles, the amount of gain to be taxed at the 28% rate is determined as if the entity had sold all of its collectibles in a fully taxable transaction immediately before the proposed sale or exchange.