Taxable person
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1. Tax.
A taxable person is anyone, or anything, subject to taxation under the relevant tax jurisdiction.
Depending on the tax jurisdiction and tax regime, taxable persons can include individuals, partnerships, companies, trusts, the estates of deceased individuals and other entities.
2. UK VAT.
For example, for UK VAT purposes, a taxable person is someone who is, or is required to be, registered for VAT.
A 'person' for these purposes is widely defined and may include individuals, partnerships, companies or other corporate bodies.
See also
- Company
- Default surcharge
- Direct tax
- Estate
- His Majesty's Revenue & Customs (HMRC)
- Indirect tax
- Jurisdiction
- Legal person
- Partnership
- Regime
- Stealth tax
- Tax
- Tax avoidance
- Tax evasion
- Tax haven
- Tax point
- Tax written down value
- Taxable transaction
- Taxpayer
- Taxpayer’s Charter
- Trust
- Trustee
- Value Added Tax (VAT)
