Phrases with «tax shortfall»

"Tax shortfall" refers to a situation where there is not enough money collected through taxes to meet the expected or required amount. This means that the government or tax authorities did not receive as much money as anticipated or needed to fund their budget or cover expenses. Full definition

tax shortfall

Sentences with «tax shortfall»

After sales tax shortfalls late last year, the county legislature moved up the starting date so the surcharge would start when the local law was filed with the Secretary of State on Nov. 25, 2015. (newsday.com)
California is one of three states that are facing unexpected tax shortfalls after returning billions of dollars in surplus revenues to taxpayers only last year. (edweek.org)
First, even though you won't owe penalties, you will owe income tax on the money you withdraw, potentially leaving you with a big tax shortfall at the end of the year. (fidelity.com)
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Phrases with «tax shortfall»

Sentences with «tax shortfall»

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