chargeable event
C2CEFR level
80/100Rarity: very rare
TechnicalRegister
The transaction or occurrence that triggers a liability to a particular tax.
The surrender of the life policy was the chargeable event giving rise to the income tax charge.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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