Vocab Bloom Hub

tax liability

/tæks ˌlaɪəˈbɪlɪti/

Traduction: Montant total d'impôt qu'une personne physique, une entreprise ou une autre entité est légalement tenue de payer à une autorité fiscale, comme le gouvernement, en fonction de ses revenus, de son patrimoine ou de ses transactions.

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phrase

/tæks ˌlaɪəˈbɪlɪti/C1formallegal
  • frMontant total d'impôt qu'une personne physique, une entreprise ou une autre entité est légalement tenue de payer à une autorité fiscale, comme le gouvernement, en fonction de ses revenus, de son patrimoine ou de ses transactions.

The total amount of tax that an individual, business, or other entity is legally obligated to pay to a taxing authority, such as the government, based on income, property, or transactions.

  1. Legal obligation to pay taxB2formal

    The total amount of tax that an individual, business, or other entity is legally obligated to pay to a taxing authority.

    frObligation fiscale

    • The company's tax liability increased due to higher profits.
    • He hired an accountant to calculate his annual tax liability.
    • Failing to pay your tax liability can result in penalties.
  2. Financial responsibility for taxesB2formal

    The financial debt or responsibility for taxes owed, often calculated based on income, property, or sales.

    frdette fiscale

    • The new law reduced the tax liability for small businesses.
    • She was surprised by her high tax liability this year.
    • Proper deductions can lower your overall tax liability.