What does tax bill mean?

Definitions for tax bill
tax bill

This dictionary definitions page includes all the possible meanings, example usage and translations of the word tax bill.

Princeton's WordNet

  1. tax billnoun

    money owed for taxes

Wikipedia

  1. tax bill

    An appropriation, also known as supply bill or spending bill, is a proposed law that authorizes the expenditure of government funds. It is a bill that sets money aside for specific spending. In some democracies, approval of the legislature is necessary for the government to spend money. In a Westminster parliamentary system, the defeat of an appropriation bill in a parliamentary vote generally necessitates either the resignation of a government or the calling of a general election. One of the more famous examples of the defeat of a supply bill was the 1975 Australian constitutional crisis, when the Senate, which was controlled by the opposition, refused to approve a package of appropriation and loan bills, prompting Governor-General Sir John Kerr to dismiss Prime Minister Gough Whitlam and appoint Malcolm Fraser as caretaker Prime Minister until the next election (where the Fraser government was elected).

ChatGPT

  1. tax bill

    A tax bill is a formal statement generated by a taxing authority such as a government, that specifies the amount of tax a person or entity owes based on various factors such as income, property value, or purchases. The tax bill sets out all the details, including the due date for payment. Non-payment or late payment of a tax bill often results in penalties.

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Numerology

  1. Chaldean Numerology

    The numerical value of tax bill in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of tax bill in Pythagorean Numerology is: 8

Examples of tax bill in a Sentence

  1. Everett Kelley:

    They don't understand why they are being saddled with a huge tax bill next year, they are worried about penalties and fees, they are concerned about how falling behind could impact their security clearance and their livelihood, and they want an opportunity to opt out.

  2. Timothy Kenney:

    If the investor has held the fund for a less than a year, all capital gains will be taxed at their income level, if they have held the fund for greater than a year, they can get a little break in the capital gains tax, maybe 5 % or 20 % depending on your tax bracket, but they may have a big tax bill to pay next year since we've been in a bull market for so long.

  3. Lorri Winkcompleck:

    You should not let the tax tail wag the dog, but you should consider that capital losses can offset taxable capital gains from investments and reduce your tax bill.

  4. President Trump:

    House and Senate Republican leaders were hoping to be united on tax reform to avoid a repeat of this summer’s ObamaCare repeal debacle. But that plan will be put to the test as the Senate prepares to unveil its version of the tax bill, which reportedly could eliminate popular state and local tax deductions and include additional changes from the House bill. Any big differences between the competing bills could slow or sideline the legislation, though leaders are aiming for swift passage.‘We did things differently this time because of the health care experience,’ House SpeakerPaul Ryantold Fox News on Sunday. ‘We worked with the Senate ahead of time, from the summer on, to put this bill together.’ Senate Republican leaders reportedly are considering the elimination of the state-and-local tax deductions, while the House is pushing only for a partial rollback and still deliberating in committee.

  5. Frederick Cannon:

    Higher rates are (priced) in the stocks. The tax bill is in the stocks. The lighter regulatory touch, maybe we've already seen the benefits of that.


Translations for tax bill

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"tax bill." Definitions.net. STANDS4 LLC, 2024. Web. 26 Jul 2024. <https://www.definitions.net/definition/tax+bill>.

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