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"taxability" is a correct and usable word in written English.
You could use it to refer to the state or degree of being subject to taxation, such as in the sentence, "The taxability of cryptocurrency transactions is still being debated."
Dictionary
taxability
noun
The quality of being taxable.
Exact(5)
Prices would have to adjust on all outstanding bonds to make up for the loss associated with the taxability".
In the UK and India Uber has been challenged on taxability of its activities.
An article in the special Small Business section on May 6 about Olga Diaz, the owner of a beauty salon near ground zero, misstated the taxability of grants received by her and other small business owners after the Sept. 11 attacks.
The taxability of forgiven debt is set to become a pressing issue as more homeowners fall behind on their mortgages and face foreclosure.
An I.R.S. spokesman, Kevin McKeon, said only that the agency was "aware of concerns about the taxability of these grants" and was working on the issue with the Treasury Department.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com