HyperDic: tax_liability

English > 1 sense of the expression tax liability:
NOUNpossessiontax liabilitythe amount of tax owed
English > tax liability: 1 sense > noun 1, possession
MeaningThe amount of tax owed; calculated by applying the tax rate to the tax base.
BroaderliabilitiesAnything that is owed to someone else
Spanishcuota líquida, impuesto a pagar

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