This is a limited preview — please sign in or subscribe to learn everything we know about the term “tax implications”.

tax implications

noun

Definitions of tax implications

  • the effect that an action or decision will have on the taxes that a person or entity must pay

    "He did not decide to become a citizen of Sweden until he had made sure that there would not be any negative tax implications, like having to pay wealth tax on his foreign property."

Phrase Bank for tax implications