Back taxes

 

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Back taxes

Due taxes that have not been paid on time.

Back taxes

Taxes that have not been paid on the due date or were underreported either by accident or by intention on a past tax return. The tax authorities can demand payment of back taxes plus the imposing of penalties and or interest.



Similar Matches

Excise taxes

Excise taxes

In the US, federal and state taxes on the sale or production of certain types of products such as alcohol and tobacco.


Section 352 of the Income and Corporation Taxes Act 1988

Section 352 of the Income and Corporation Taxes Act 1988

See 'certificate of deduction of tax'.


Local taxes

Local taxes

Property, sewer, school, or other community paid to a locality. Local taxes are usually deductible for federal income tax purposes.


Earnings before interest after taxes (EBIAT)

Earnings before interest after taxes (EBIAT)

A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest plus cash income taxes. Equivalent to EBIT minus cash taxes.


Earnings before interest, taxes, depreciation, and amortization (EBITDA)

Earnings before interest, taxes, depreciation, and amortization (EBITDA)

A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of interest and income taxes. Depreciation and amortization expenses are not included in the costs.


Further Suggestions

Earnings before interest and, taxes (EBIT)
Earnings before interest, taxes, and depreciation (EBITD)
Cash flow after interest and taxes
Earnings before taxes (EBT)
local taxes
Asymmetric taxes


 
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