tax implication

A3   Thu Sep 07, 2006 5:04 am GMT

What is 'tax implication'?

I couldn't get a hint from the dictionaries about implication.
Guest   Thu Sep 07, 2006 6:06 am GMT
Something that has a tax attached to it.
Robin   Thu Sep 07, 2006 7:27 am GMT
The two important words associated with tax, are 'avoidance' and 'evasion'. Avoidance is legal, and Evasion is illegal. If you get married or divorced, or your status changes in any way, it has tax implications. More tax, less tax, what ever. Implication in this context, means 'consequences'.