liability to tax

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• Tax compliance solutions — Tax compliance solution is a generic term used to describe the available softwares to perform tax compliance for income tax, corporate tax, VAT, service tax, customs, sales tax, use tax, etc. The solution automatically calculates your complete… …   Wikipedia

• tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 …   Law dictionary

• tax evasion — n: a willful and esp. criminal attempt to evade the imposition or payment of a tax convicted of tax evasion Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. tax evasion …   Law dictionary

• Tax profit — or taxable profit is used to distinguish between accounting profit or earnings (the number that is generally referred to in financial results for public companies and quoted in the press). Taxable profit is the number that is used to calculate… …   Wikipedia

• tax return — ► NOUN ▪ a form on which a taxpayer makes a statement of income and personal circumstances, used to assess liability for tax …   English terms dictionary

• Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …   Financial and business terms

• liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …   Financial and business terms

• Tax protester statutory arguments — Part of the Taxation in the United States series Tax protest in the United States …   Wikipedia

• tax credit — An amount subtracted from an individual s or entity s tax liability to arrive at the total tax liability. A tax credit reduces the taxpayer s liability dollar for dollar, compared to a deduction which reduces taxable income upon which the tax… …   Black's law dictionary

• Tax return (United Kingdom) — In the United Kingdom the term tax return is used to refer to the document which must be filed with the HM Revenue Customs declaring liability for taxation. Different bodies must file different returns with respect to various forms of taxation.… …   Wikipedia

• Tax Break — A tax break is a savings on a taxpayer s liability. A tax break provides a savings through tax deductions, tax credits, tax exemptions and other incentives. An example of a tax break is the First Time Homebuyer Tax Credit which provided a tax… …   Investment dictionary