tax implications

Fiscal effects afterward

Tax implications are the effects a financial decision or transaction will have on one's taxes.

The phrase appears constantly in discussions of investments, business structures, inheritances, and major purchases: Before selling the property, consider the tax implications.

Often a polite warning that something may cost you more than expected once taxes are factored in.

Opposites
tax status

tax implicationstax-free

Exempt from duties

tax-exempt · non-taxable · tax exemption · untaxed · tax-free status

financial complexity

tax implicationsno strings attached

Without obligations or conditions

hassle-free

regulatory burden

tax implicationsoff-the-books

Unrecorded for tax purposes

Family

implication

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated G