Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. Plural form of underpayer.

Etymologies

Sorry, no etymologies found.

Examples

  • Past IRS studies on the issue of noncompliance under the individual income tax suggest that the noncompliance rate—defined as the amount of tax liability for a given year not paid voluntarily and in timely fashion as a percentage of the total “true” tax liability—is in the range of 16.9 percent to 18.8 percent.6 This rate covers the sins of all nonfilers, underreporters, and underpayers.

    RETURN TO PROSPERITY

  • Historically, overpayers outnumber underpayers by around three to one because the tax system errs on the side of taking too much money and letting people claim back any excesses.

    Telegraph.co.uk: news, business, sport, the Daily Telegraph newspaper, Sunday Telegraph

  • The IRS determines the rates each quarter based on the federal short-term rate, plus a set number of percentage points - plus 3 for non-corporate payers and for corporate underpayers and plus 2 for corporate overpayers.

    San Francisco Business News - Local San Francisco News | The San Francisco Business Times

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