Definition of Tax Liability in English :
Define Tax Liability in English
Tax Liability meaning in English
Meaning of Tax Liability in English
Pronunciation of Tax Liability in English
Tax Liability pronunciation in English
Pronounce Tax Liability in English
Tax Liability
see synonyms of tax liabilityNoun
1. tax liability
the amount of tax owed; calculated by applying the tax rate to the tax base
WordNet Lexical Database for English. Princeton University. 2010.
Tax Liability
see synonyms of tax liabilitynoun
tax
the amount of tax owed by a person or company
Although the dividend affects the shareholder's tax liability, it does not in general
alter the taxes that must be paid by the company itself.
Many German companies are able to offset tax liabilities against all sorts of other
expenses.
Collins English Dictionary. Copyright © HarperCollins Publishers