diff --git src/wp-admin/includes/class-wp-posts-list-table.php src/wp-admin/includes/class-wp-posts-list-table.php
index 1944486..4114db6 100644
--- src/wp-admin/includes/class-wp-posts-list-table.php
+++ src/wp-admin/includes/class-wp-posts-list-table.php
@@ -944,10 +944,26 @@ class WP_Posts_List_Table extends WP_List_Table {
 		$hierarchical_taxonomies = array();
 		$flat_taxonomies = array();
 		foreach ( $taxonomy_names as $taxonomy_name ) {
+
+			/**
+			 * Filters whether the current taxonomy should be shown in the Quick Edit panel.
+			 *
+			 * @since 4.2.0
+			 *
+			 * @param bool   $value         Whether to display the current taxonomy in Quick Edit.
+			 *                              Default: true.
+			 * @param string $taxonomy_name Taxonomy name.
+			 * @param string $post_type     Post type of current Quick Edit post.
+			 */
+			if ( ! apply_filters( 'quick_edit_show_taxonomy', true, $taxonomy_name, $screen->post_type ) ) {
+				continue;
+			}
+
 			$taxonomy = get_taxonomy( $taxonomy_name );
 
-			if ( !$taxonomy->show_ui )
+			if ( ! $taxonomy->show_in_quick_edit ) {
 				continue;
+			}
 
 			if ( $taxonomy->hierarchical )
 				$hierarchical_taxonomies[] = $taxonomy;
diff --git src/wp-includes/taxonomy.php src/wp-includes/taxonomy.php
index ccaae90..70d2955 100644
--- src/wp-includes/taxonomy.php
+++ src/wp-includes/taxonomy.php
@@ -282,6 +282,8 @@ function is_taxonomy_hierarchical($taxonomy) {
  *     * If not set, the default is inherited from public.
  * - show_tagcloud - Whether to list the taxonomy in the Tag Cloud Widget.
  *     * If not set, the default is inherited from show_ui.
+ * - show_in_quick_edit - Whether to show the taxonomy in the quick/bulk edit panel.
+ *     * It not set, the default is inherited from show_ui.
  * - show_admin_column - Whether to display a column for the taxonomy on its post type listing screens.
  *     * Defaults to false.
  * - meta_box_cb - Provide a callback function for the meta box display.
@@ -331,6 +333,7 @@ function register_taxonomy( $taxonomy, $object_type, $args = array() ) {
 		'show_in_menu'          => null,
 		'show_in_nav_menus'     => null,
 		'show_tagcloud'         => null,
+		'show_in_quick_edit'	=> null,
 		'show_admin_column'     => false,
 		'meta_box_cb'           => null,
 		'capabilities'          => array(),
@@ -389,6 +392,11 @@ function register_taxonomy( $taxonomy, $object_type, $args = array() ) {
 	if ( null === $args['show_tagcloud'] )
 		$args['show_tagcloud'] = $args['show_ui'];
 
+	// If not set, default to the setting for show_ui.
+	if ( null === $args['show_in_quick_edit'] ) {
+		$args['show_in_quick_edit'] = $args['show_ui'];
+	}
+
 	$default_caps = array(
 		'manage_terms' => 'manage_categories',
 		'edit_terms'   => 'manage_categories',
diff --git tests/phpunit/tests/taxonomy.php tests/phpunit/tests/taxonomy.php
index e7da80a..dc15392 100644
--- tests/phpunit/tests/taxonomy.php
+++ tests/phpunit/tests/taxonomy.php
@@ -163,6 +163,25 @@ class Tests_Taxonomy extends WP_UnitTestCase {
 	}
 
 	/**
+	 * @ticket 26948
+	 */
+	public function test_register_taxonomy_show_in_quick_edit_should_default_to_value_of_show_ui() {
+		register_taxonomy( 'wptests_tax_1', 'post', array(
+			'show_ui' => true,
+		) );
+
+		register_taxonomy( 'wptests_tax_2', 'post', array(
+			'show_ui' => false,
+		) );
+
+		$tax_1 = get_taxonomy( 'wptests_tax_1' );
+		$this->assertTrue( $tax_1->show_in_quick_edit );
+
+		$tax_2 = get_taxonomy( 'wptests_tax_2' );
+		$this->assertFalse( $tax_2->show_in_quick_edit );
+	}
+
+	/**
 	 * @ticket 11058
 	 */
 	function test_registering_taxonomies_to_object_types() {