Final tax liability definition

Final tax liability. ’ means a tax liability that was established by the department to which the taxpayer has no further direct appeal rights.
Final tax liability means any State tax, fee, penalty, or
Final tax liability means the tax liability for any property tax on the

Examples of Final tax liability in a sentence

  • It is anticipated that the Final Tax Liability will equal the Certificate Tax Amount.

  • Notwithstanding any other provision of this Agreement to the contrary, Buyer shall be responsible for Taxes pursuant to Sections 6.03(b)(i), 6.03(c)(i), 6.03(c)(ii) and 6.03(d)(i) only to the extent of the Final Tax Liability Amount (as defined in Section 2.04(b)).

  • In the event the Final Tax Liability is higher than the Estimated Tax Liability, the difference shall be paid to the Stockholders' and in the event the Final Tax Liability is lower than the Estimated Tax Liability, then the difference shall be refunded by the Stockholders to MLC.

  • An amount equal to the difference between the Estimated Tax Liability and the Final Tax Liability shall be promptly (i) paid by Seller to Purchaser, in the event that such Estimated Tax Liability exceeds such Final Tax Liability, and (ii) paid by Purchaser to Seller, in the event that such Final Tax Liability exceeds such Estimated Tax Liability.

  • If the Final Tax Liability is less than the Escrowed Funds, then the Withholding Agent shall promptly pay the excess to Seller, together with the interest or income earned on the Escrowed Funds.


More Definitions of Final tax liability

Final tax liability means the taxpayer's amount of
Final tax liability means the tax liability for any property tax on the 9 real property of a dwelling less any property tax credit provided under this section.
Final tax liability means the taxpayer’s amount of tax due under this chapter for a taxable year, reported on a return filed pursuant to s. 220.222, including a return filed timely pursuant to a valid extension.
Final tax liability shall have the meaning assigned thereto in Section 6.4(b).
Final tax liability means the taxpayer’s amount of tax due under this chapter for a taxable year, reported on a return filed with the department, plus the amount of any credit taken on such return under s. 220.1875.
Final tax liability shall have the meaning given such term in Section 5.7 of this Agreement.