Tax Delinquency
/ˈtæks dɪˈlɪŋkwənsi/
Definitions
- (n.) The failure to pay taxes owed by the statutory deadline, resulting in legal penalties or interest.
The property was subject to tax delinquency after the owner missed the payment deadline.
Forms
- tax delinquency
- tax delinquencies
Related terms
See also
Commentary
Tax delinquency specifically refers to overdue taxes and triggers collection actions distinct from tax evasion, which involves intentional fraud.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.