The tax obligation that arises on the last day of the tax period. For a normal tax period, the tax accrues on December 31st of the corresponding year.
« Back to Glossary IndexAccrued tax
« Back to Glossary Index
The tax obligation that arises on the last day of the tax period. For a normal tax period, the tax accrues on December 31st of the corresponding year.
« Back to Glossary Index