By the following year his tax obligation was back up to $15,000.
»The company was presented with massive tax obligations, and to pay them it had to shed core assets.
Financial and business terms. 2012.
tax obligation — mokesčio prievolė statusas Aprobuotas sritis mokesčiai apibrėžtis Mokesčio įstatymo pagrindu atsirandanti mokesčio mokėtojo pareiga teisingai apskaičiuoti ir laiku sumokėti mokestį ir su juo susijusias sumas į biudžetą ir vykdyti pareigas,… … Lithuanian dictionary (lietuvių žodynas)
Tax Fraud — occurs when an individual or business entity willfully and intentionally falsifies information on a tax return in order to limit the amount of tax liability. Tax fraud essentially entails cheating on a tax return in an attempt to avoid paying the … Investment dictionary
tax-deferred annuity — tax′ deferred annu′ity n. bus an annuity that enables one to purchase an insurance product that will earn interest, with the tax obligation deferred until withdrawals begin, usu. at retirement Abbr.: TDA … From formal English to slang
tax law — Introduction body of rules under which a public authority has a claim on taxpayers, requiring them to transfer to the authority part of their income or property. The power to impose taxes is generally recognized as a right of governments.… … Universalium
obligation — A legal responsibility, such as to repay a debt. Bloomberg Financial Dictionary * * * obligation ob‧li‧ga‧tion [ˌɒblˈgeɪʆn ǁ ˌɑːb ] noun [countable, uncountable] 1. a legal or moral duty to do something: obligation to do something • I think… … Financial and business terms
Tax — Taxation An aspect of fiscal policy … Wikipedia
Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy … Wikipedia
Tax lien — A tax lien is a lien imposed on property by law to secure payment of taxes. Tax liens may be imposed for delinquent taxes owed on real property or personal property, or as a result of failure to pay income taxes or other taxes.Tax liens in… … Wikipedia
tax bracket — The percentage of tax obligation for a particular taxable income. Bloomberg Financial Dictionary * * * tax bracket tax bracket ➔ bracket * * * tax bracket UK US noun [C] (also income tax bracket, also UK tax band) TAX … Financial and business terms
tax-deferred annuity — /taks di ferrd / an annuity that enables one to purchase an insurance product that will earn interest, with the tax obligation deferred until withdrawals begin, usually at retirement. Abbr.: TDA. * * * … Universalium
