Definition

Adjective: 1. Subject to declaration; required to be declared: Describes something, typically income, goods, or information, that must be formally stated or reported to an authority, such as a government or customs agency.

Usage

The adjective declarable is used to specify that an item or piece of information is not optional but is legally or officially mandated to be declared. It is most commonly used in financial, legal, and customs contexts.

Examples

• All declarable assets must be listed on the form for tax assessment.
• When returning from abroad, travelers must identify any declarable goods exceeding the duty-free allowance.
• The officer asked if he had any declarable items in his luggage.

Advanced Usage

• In Tax Law: The term is frequently used to delineate between different types of income or transactions. For example, "declarable income" contrasts with tax-exempt or non-reportable income, clarifying what a taxpayer is obligated to report.
• In Customs Regulations: It specifies categories of merchandise (e.g., based on value, quantity, or type) that a traveler or importer is required to declare upon entry into a country.

Variants and Related Words

• Declare (verb): To make a formal statement or announcement.
• Declaration (noun): The act of declaring or a formal statement.
• Undeclared (adjective): Not declared or reported.

Synonyms

• Reportable
• Dutiable (specific to goods on which duty must be paid)
• Taxable (specific to income or items subject to tax)

Antonyms

• Non-declarable
• Exempt
• Undeclared

Adjective

1. that must be declared
   • declarable income