tax year

Tax Year

The year during which one's taxable income is considered. That is, the tax year is any 12-month period during which a government calculates one's tax liability. Normally, this is simply the calendar year, but it may also be a fiscal year.

tax year

The 12-month period for which tax is calculated. For most individual taxpayers, the tax year is synonymous with the calendar year.

tax year

The accounting year selected by a taxpayer for purposes of determining annual taxable income. A new company may select any tax year it desires—July 23 through July 22, for example—and need not use the standard individual tax year of January 1 through December 31.

Tax Year

The calendar year or fiscal year for which the taxable income is computed.

单词	tax year
释义	tax year tax year n (Accounting & Book-keeping) a period of twelve months used by a government as a basis for calculating taxes Translations EncyclopediaSeeFiscal YearLegalSeefiscal year tax year Tax Year The year during which one's taxable income is considered. That is, the tax year is any 12-month period during which a government calculates one's tax liability. Normally, this is simply the calendar year, but it may also be a fiscal year. tax year The 12-month period for which tax is calculated. For most individual taxpayers, the tax year is synonymous with the calendar year. tax year The accounting year selected by a taxpayer for purposes of determining annual taxable income. A new company may select any tax year it desires—July 23 through July 22, for example—and need not use the standard individual tax year of January 1 through December 31. Tax Year The calendar year or fiscal year for which the taxable income is computed. AcronymsSeetylosin
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