Tax Liability definition

Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.
Tax Liability means any amount of tax or social security contributions for which a Participant would or may be liable and for which any Group Member or former Group Member would or may be obliged to (or would or may suffer a disadvantage if it were not to) account to any relevant authority;
Tax Liability means any liability (whether known or unknown, whether absolute or contingent, whether liquidated or unliquidated, and whether due or to become due) with respect to Taxes.

Examples of Tax Liability in a sentence

  • Representation by Corporations Regarding Delinquent Tax Liability or a Felony Conviction under any Federal Law.

  • Mail the completed application along with all supporting schedules and documents to: Oklahoma Tax CommissionAccount Maintenance Division - AMW Post Office Box 26800Oklahoma City, Oklahoma 73126-0800 Oklahoma Tax Commission Application for Settlement of Tax Liability 1.

  • Representation Regarding an Unpaid Delinquent Tax Liability or a Felony Conviction Under any Federal Law - DOD Appropriations: All grant applicants are required to complete the "Representation on Tax Delinquency and Felony Conviction" found at http://www.onr.navy.mil/Contracts-Grants/submit- proposal/grants-proposal.aspx by checking the "I agree" box in block 17 and attaching the representation to block 18.

  • Tax Liability – includes federal and state tax withholding, FICA and Medicaid withholding and any penalty or interest payment due as a result of noncomplianceTaxable Compensation – all compensation items not excludable as income under a specific IRS Code Section § 4105.

  • Unpaid or Delinquent Tax Liability - In accordance with Section 523 of Division B and Sections 744 and 745 of Division E of the Consolidated and Further Continuing Appropriations Act, 2015 (Pub.


More Definitions of Tax Liability

Tax Liability the total of (a) any income tax and primary class 1 (employee) national insurance contributions that any employer (or former employer) of the Participant is liable to account for (or reasonably believes it is liable to account for) as a result of any Taxable Event; and (b) any Employer NICs that any employer (or former employer) of the Participant is liable to pay (or reasonably believes it is liable to pay) as a result of any Taxable Event and that can be recovered lawfully from the Participant.
Tax Liability means any Liabilities related to Taxes.
Tax Liability means, in respect of any person:
Tax Liability means an Actual Tax Liability or a Deemed Tax Liability;
Tax Liability means any liability or obligation for Taxes.
Tax Liability has the meaning set out in paragraph (e) of Clause 17.3 (Tax Indemnity).
Tax Liability means, in respect of any Protected Party: