tax year

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Tags: taxation

The year during which one’s taxable income is considered. That is, the tax year is any 12-month period during which a government calculates one’s tax liability. Normally, this is simply the calendar year, but it may also be a fiscal year.
(source: http://financial-dictionary.thefreedictionary.com/tax+year)

Synonyms:
fiscal year (fy), financial year
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