Examlex
Match the numerical model to the corresponding model.
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25%
A rate or portion equal to one fourth or 25 out of 100 parts in a given context, often related to taxes, discounts, or interest rates.
Tax Liability
The total amount of tax owed by an individual or entity to the tax authorities.
Married Couple
Two individuals legally married to each other, who may file joint or separate tax returns in the eyes of the law.
Failure to File
Failure to File is the penalty incurred for not submitting a required tax return or document by the due date, which can result in fines and interest charges.
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