A bill that is owed to a government for taxes. The taxes may be income, property, or a variety of other taxes. If tax liabilities are not paid, a lien can be placed on the assets until payment is received.
corporation tax liability.
inheritance tax liability avoided?
Selling Your Spanish Property: The seller's tax liability.
If the funds had passed to the estate of the divorced spouse, the ultimate inheritance tax liability could have been 40 per cent.
stockbrokers ' commissions and capital gains tax liability.