Similar words: liability, pliability, reliability, unreliability, limited liability, liability insurance, unlimited liability, contractual liability. Meaning: n. the amount of tax owed; calculated by applying the tax rate to the tax base.
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1. Will there be any tax liability?
2. This effectively reduces the company's tax liability, which will be payable nine months after the end of the accounting period.
3. The company's corporation tax liability is due on 1 October 1995 and its returns and accounts by 31 December 1995.
4. Interest rates also reflect the tax liability associated with the income attached to the ownership of particular securities.
5. Capital allowances reduce a company's tax liability and thus improve its after-tax cash flow.
6. Moreover, you would avoid the tax liability for interest on the taxable savings in the first plan.
7. No debts remained outstanding, apart from a tax liability in excess of £500,000.
8. If your tax liability to January 31 is £100 or less, the fixed penalty will be reduced to the amount payable.
9. A tax liability would therefore arise but the cash may not be available to meet this obligation.
10. His income tax liability is then calculated by referring to tax tables which are supplied by the Inland Revenue.
11. Is there any Stamp Duty Tax Liability when One Individual Loaned from Bank?
12. Funds organised in both places have virtually no tax liability on the arisingon capital gains achieved.
13. It's this amount which determined the tax liability for 5 D.
14. Several concessions have been introduced which allow the better off to avoid their full tax liability.
15. By balancing profits and loss in this way, total tax liability may be reduced.
16. But the procedures for establishing relief are cumbersome and have given rise to delays in settling a Name's tax liability.
17. First[sentencedict.com], it would be necessary to monitor the quantity of pollution of each firm in order to assess its tax liability.
18. For many pensioner couples, this should mean a reduction in their tax liability.
19. Those questioned were also concerned that they were not given information on exactly how their tax liability was worked out.
20. Their January payment, whatever accounting year it was based on, met their full tax liability for the ongoing fiscal year.
21. Individuals owning their own businesses must compare the expected tax liability of a proprietorship or partnership with the liability of a corporation.
22. The matured loan notes can be rolled over indefinitely until the tax liability expires.
23. These are non-statutory rules made by the Inland Revenue stipulating when full tax liability will not be enforced.
24. For many pensioner couples, this should have the happy result of reducing their tax liability.
25. Timing of tax cash flow. Capital allowances reduce a company's tax liability and thus improve its after-tax cash flow.
25. Sentencedict.com is a sentence dictionary, on which you can find excellent sentences for a large number of words.
26. Estimated tax currently payable for current and prior periods should be recognized as current tax liability.
27. The employer can look into making a loan to discharge the income tax liability in this situation.
28. This credit is part of the general business credit and generally may not exceed the taxpayer's tax liability over $25,000, or the taxpayer's tax liability under the alternative minimum tax.
29. It is easy to appreciate the impact of income taxes on business. Careful planning designed to decrease the tax liability to the lowest level is thus a major concern of business .
30. Conservative Republicans, meanwhile, were likely to be restless over tax rebates going to those without income tax liability.
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