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To calculate net income for tax purposes by adjusting GAAP net income for the differences between GAAP and tax treatments.

The term was originally coined by Tran Chung, a Chartered Accountant while he lectured taxation at the University of British Columbia.
The tax final requires students to taxify net income.

Taxified income contains 50% of meals and entertainment expenses.

by Taxavoider December 06, 2008
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A great smartphone app for getting a taxi.

Order a taxi from your phone, without waiting for the dispatcher.

Made by proud geeks from Estonia.
- How the hell did you get home last night?
- I was too drunk to dial, but a Taxify driver picked me up.
- Well that explains it!
by Mr poe January 19, 2014
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