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This strong business name plays on the word "tax".
The word "Taxlio" contains only six letters and three syllables. Three syllable names are used by established brands like Nescafé, Toshiba and McDonald's.
Taxlio.com is a dot com domain. Dot com domains are the most valued domain extension in the world, famously used by websites like facebook.com. When you own a dot com, it is much easier to rank for your own name in search engines.