# Income Tax Payment

**IRI:** https://folio.openlegalstandard.org/RwDaHIBVHWxyiPeB3k0zuW

## Labels

**Preferred Label:** Income Tax Remittance

**Alternative Labels:**

- Taxes on income, profits and capital gains

## Definition

An Income Tax Payment Event refers to the specific instance when an individual or entity makes a payment to satisfy their income tax obligations. This includes periodic payments such as quarterly estimated tax payments or annual tax settlements, made to the relevant tax authorities.

## Sub Class Of

- https://folio.openlegalstandard.org/RWNHtgqXOWSnS2m1dFK5L0

**Deprecated:** False