Net income tax liability means income tax liability reduced by all other credits allowed under this chapter.
Net income tax liability means the excess of—
Net income tax liability means South Carolina state income tax liability reduced by all other credits allowed under Chapter 6, Title 12.
Examples of Net income tax liability in a sentence
Net income tax liability as determined for these purposes is not reduced by the credit added by this provision or any credit which is refundable under present law.
However, if there is deferred tax liability then it is added to income tax liability for determining final tax liability.Table 4.2.2 Net income tax liability considering deferred tax of Nepal Telecom(Rs in million) Source: Annual Report of Nepal Telecom, F/Y 2007/08 to 2016/17The table and figure shows trend of income tax liability and deferred tax asset in past ten F/Y from F/Y 2007/08 to 2016/17.
Net income tax liability after deducting deferred tax asset is considered as final tax liability.
More Definitions of Net income tax liability
Net income tax liability means South Carolina state income tax liability reduced by all other credits allowed under Titles 11, 12, and 48.
Net income tax liability means income tax liability reduced by all other credits
Net income tax liability means South Carolina state income tax liability reduced by all other credits allowed under Titles 11, 12, and 48 of the S.C. Code of Laws.
Net income tax liability means income tax liability reduced by all other credits allowed under this chapter. “Qualified agricultural costs” means expenditures for:
Net income tax liability means income tax liability reduced by all other credits allowed under this chapter. “Renovation costs” means costs incurred after December 31, 2000, to plan, design, install, construct, and purchase
Net income tax liability means income tax liability
Net income tax liability means gross income tax liability less any allowable tax credits.