back tax

/'bæk tæks/ noun
tax which is owed

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • back tax — Ⅰ. back pay/rent/tax, etc. ► pay, rent, tax, etc. that should have been paid or was expected at an earlier time: »Most of the back taxes due were for the years 2006 through 2008. Main Entry: ↑back Ⅱ. back tax UK US noun [C or U] TAX ► tax tha …   Financial and business terms

  • back tax — UK US noun [countable/uncountable] [singular back tax plural back taxes] tax that you owed at an earlier time but did not pay Thesaurus: types of tax and taxationhyponym …   Useful english dictionary

  • back tax — back ,tax noun count or uncount tax that you owed at an earlier time but did not pay …   Usage of the words and phrases in modern English

  • back tax — UK / US noun [countable/uncountable] Word forms back tax : singular back tax plural back taxes tax that you owed at an earlier time but did not pay …   English dictionary

  • tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… …   Financial and business terms

  • Tax avoidance and tax evasion — Tax avoidance is the legal utilization of the tax regime to one s own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by… …   Wikipedia

  • back pay/rent/tax — Ⅰ. back pay/rent/tax, etc. ► pay, rent, tax, etc. that should have been paid or was expected at an earlier time: »Most of the back taxes due were for the years 2006 through 2008. Main Entry: ↑back Ⅱ. back pay UK US noun [U] MONEY ► income that… …   Financial and business terms

  • back pay/rent/tax, etc. — Ⅰ. back pay/rent/tax, etc. ► pay, rent, tax, etc. that should have been paid or was expected at an earlier time: »Most of the back taxes due were for the years 2006 through 2008. Main Entry: ↑back Ⅱ. back pay UK US noun [U] MONEY ► income that… …   Financial and business terms

  • back rent/tax — Ⅰ. back pay/rent/tax, etc. ► pay, rent, tax, etc. that should have been paid or was expected at an earlier time: »Most of the back taxes due were for the years 2006 through 2008. Main Entry: ↑back Ⅱ. back pay UK US noun [U] MONEY ► income that… …   Financial and business terms

  • tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 …   Law dictionary

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