Tax liability


 

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Tax liability

The amount in taxes a taxpayer to the government.



Tax liability

Similar Matches

Funded Liability

Funded Liability

A source of funds that a firm must take overt action to arrange and that carries an interest cost.


Contractual liability

Contractual liability

The terms of a contract to which you must abide. There may be financial or even criminal penalties which you incur if if you do not meet your contractual liabilities.


Liability

Liability

An amount that is owed, in contrast to an asset. A liability may result from borrowing, from obligation to pay for a product or service received, etc.


Limited liability instrument

Limited liability instrument

A security, such as a call option, in which the owner can lose only the initial investment.


Joint liability

Joint liability

The legal liability of two or more people for claims against or debts incurred by them jointly. If three people have joint liability and are indebted to another party, they may only be sued as a group and not individually.


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