The assessable family income might barely put them out of the running for a medical card and medical expenses can be crippling. |
The shares of the company were assessable with unlimited liabilities on the part of the share holder. |
In most industrialized countries, such as Great Britain, personal income has to be reported on one of a number of separate schedules, but assessable income is then lumped and only one tax is imposed. |
For example, a project consortium will incur significant early income tax losses as interest accrues on debt prior to the project generating assessable income. |
The Commissioner of Stamp Duties accepted, on the basis that these documents were effectual, that there was no duty assessable. |
The rents are fixed in cash, being proportioned according to the assessable value of the property. |