What is the definition of Provision for income taxes? | Dictionary.net

PROVISION FOR INCOME TAXES

\pɹəvˈɪʒən fɔːɹ ˈɪnkʌm tˈaksɪz], \pɹəvˈɪʒən fɔːɹ ˈɪnkʌm tˈaksɪz], \p_ɹ_ə_v_ˈɪ_ʒ_ə_n f_ɔː_ɹ ˈɪ_n_k_ʌ_m t_ˈa_k_s_ɪ_z]\

Definitions of PROVISION FOR INCOME TAXES

1910 - Black's Law Dictionary (2nd edition)

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This is the amount of money that needs to be set aside to pay any income taxes for a certain year. These payments can be made every quarter or at the end of each financial year.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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