cash taxes

Definition

The amount of funds that have been issued to meet tax obligations during a specific time period. For example, a company's tax payment of $18,400 during the second quarter would be considered its cash taxes for that quarter.

Use cash taxes in a sentence

The cash taxes were issued and I was glad that there was enough to meet what we needed to meet.

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We ran the numbers on our cash taxes to make sure we had everything covered, and thankfully it all seemed in order.

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Check the records and tell me what our cash taxes for the last few years were; I'd like to compare them to this year so I can figure out whether we've taken a harder hit.

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