tax bill
Definition
Noun:
1. A formal statement of the amount of money owed to the government for taxes: A tax bill is the official document or invoice issued by a tax authority that details the specific amount of tax a person or entity is required to pay for a given period.
Usage
The term tax bill is used to refer to the specific, quantified financial obligation resulting from tax assessment. It is the final calculation of what is owed.
* It is commonly the subject of verbs like receive, pay, calculate, dispute, or reduce.
* It is often modified by adjectives describing its size (e.g., large, hefty, small) or type (e.g., property tax bill, annual tax bill).
Examples
- Noun:
- Homeowners received their annual property tax bill in the mail.
- The new legislation is expected to lower the tax bill for middle-class families.
- She was shocked by the size of her tax bill this year.
Advanced Usage
- "To foot the tax bill": To be the one who pays the tax obligation.
- Ultimately, consumers will foot the tax bill through higher prices.
Variants and Related Words
- Tax assessment (n): The official process of determining the value of property for taxation purposes, which leads to the .
- Tax liability (n): The total amount of tax debt owed; the is the formal statement of this liability.
- Invoice (n): A commercial document requesting payment for goods or services; a is a specific type of invoice from the government.
Synonyms
- Tax invoice: A formal synonym.
- Tax statement: Emphasizes it as a document stating the amount due.
- Tax demand: Emphasizes the authoritative request for payment.
Related Phrases
- Tax relief: A reduction in the amount of a .
- The government offered tax relief to businesses affected by the pandemic.
Noun
-
money owed for taxes
Khám phá thêm
Các từ liên quan
Từ gần giống
