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The last-minute increase in the refundable portion of the Child Tax Credit was a victory for those taxpayers with income so low, they do not generate a tax liability.
-- Surprise: Those turf removal rebates could generate a tax liability. .
And for an American acquirer, bringing overseas cash home generates a tax liability, so is better used for offshore acquisitions.
Slone Broadcasting Co. sold its assets to Citadel Broadcasting Co. for $45 million, which generated a tax liability of $15.3 million to Slone's shareholders, James and Norma Slone and their trust.
The Labour leader is a liability for his party.
This heterogeneous architecture was considered a liability for the increased demand for food.
DealBook|Is Howard Schultz an Asset or a Liability for Starbucks?
"Does his character pose a liability for the company?
Is Howard Schultz an Asset or a Liability for Starbucks?
Is the US a liability for Australia?
Will that be a liability for Rick Perry?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com