Examlex
Contributory negligence means that the defendant is held responsible for injuring another person, regardless of negligence or intent.
Tax Liability
The total amount of tax owed to a taxing authority by an individual, organization, or other entity.
Income
Consistent financial returns from professional activities or investments.
Average Tax Rate
The percentage of total income that is paid in taxes, indicating the proportion of an individual's income that is allocated towards taxes.
Taxable Income
The portion of an individual's or corporation's income that is subject to taxes by the government.
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