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Back taxes |
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Back taxesDue taxes that have not been paid on time.Back taxesTaxes 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 MatchesSection 352 of the Income and Corporation Taxes Act 1988Section 352 of the Income and Corporation Taxes Act 1988See 'certificate of deduction of tax'. Earnings before interest, taxes, and depreciation (EBITD)Earnings before interest, taxes, and depreciation (EBITD)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 expenses are not included in the costs. Earnings before taxes (EBT)Earnings before taxes (EBT)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 income taxes. Local taxesLocal taxesProperty, sewer, school, or other community paid to a locality. Local taxes are usually deductible for federal income tax purposes. Excise taxesExcise taxesIn the US, federal and state taxes on the sale or production of certain types of products such as alcohol and tobacco. Further SuggestionsEarnings before interest and, taxes (EBIT)Earnings before interest after taxes (EBIAT) Earnings before interest, taxes, depreciation, and amortization (EBITDA) Asymmetric taxes local taxes Cash flow after interest and taxes |
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