FT MarketWatch

Overlapping debt

A situation where Multiple authorities in a given geographic area have the ability to Tax the same residents.

Related Terms: 3 Multiple, Tax, Tip
Other Related Pages: Category: Taxes Starting With: O
Additional Related Terms: After-tax basis, At par, All or any part, At best, At call, Accumulated earnings tax, At risk, Add-on service, Action to quiet title, Assignment to creditors