Usually means: Obligation to pay government taxes.
Definitions Related words Mentions
We found 15 dictionaries that define the word tax liability:

General (8 matching dictionaries)
  1. tax liability: Longman Dictionary of Contemporary English
  2. tax liability: Collins English Dictionary
  3. tax liability: Vocabulary.com
  4. tax liability: Dictionary.com
  5. tax liability: Rhymezone
  6. tax liability: FreeDictionary.org
  7. tax liability: TheFreeDictionary.com
  8. tax liability: Mnemonic Dictionary

Business (7 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Tax liability: Bloomberg Financial Glossary
  3. tax liability: Finance-Glossary.com
  4. Tax Liability: Investopedia
  5. Tax Liability: Financial dictionary
  6. BusinessDictionary.com (No longer online)
  7. MSN Money (No longer online)

Definitions from WordNet (tax liability)

noun:  the amount of tax owed; calculated by applying the tax rate to the tax base

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