Thursday Law Report: Transferee of Assets Not Relieved of Liability to Pay Tax on IncomeKate O'Hanlon, Barrister
Minimizing a personal representative's personal liability to pay taxes: part 1 describes tax returns, tax payment obligations, and ways in which a PR can be held personally liable for failing to adhere to the applicable federal and state requirements.(part 1)(personal representative)...
No Share Sellers will be liable under paragraph 2 in respect of aLiability to Taxationor other liability of any Group Member, or in respect of a breach of the Tax Warranties, unless within 6 years after the end of the accounting period in which Completion takes place the Buyer has given ...
: liability (as of a guarantor) that arises from a legal obligation owed to an injured party to pay damages for another's failure to perform or negligent act — several liability : liability assumed or imposed on an individual separate from others — solidary liability in the civil law...
Define tax liability. tax liability synonyms, tax liability pronunciation, tax liability translation, English dictionary definition of tax liability. Noun 1. tax liability - the amount of tax owed; calculated by applying the tax rate to the tax base liab
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It's this amount which determined thetax liabilityfor 5 D.───这是为5D确定纳税义务的这个数量. D: What about thetax liabilityitself? Do you pay it for me or do I have to do it myself?───牙医:关于纳税义务本身是怎么回事?是你们为我支付还是我自己去支付?
例Except as provided below, the Borrower shall pay to a Protected Party an amount equal to the loss, liability or cost which that Protected Party determines will be or has been suffered for or on account of Tax by that Protected Party in respect of a payment received or receivable under a...
Liability refers to the legal obligation or responsibility to pay for damages or losses caused by one's actions or omissions. In other words, liability is the degree to which someone is accountable for the consequences of their behavior. For businesses, liability can come from a ...
Tax liability is the amount that an individual, business, or other entity is required to pay to a federal, state, or local government.