Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “corporate income tax”

corporate income tax

noun [U or C]
 
 
US ( UK corporation tax)
TAX tax that a company has to pay on its profits: This development led to a significant reduction in the amount of corporate income tax that was paid. US states have varying rates for corporate income taxes.
→ Compare personal income tax
(Definition of corporate income tax from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of corporate income tax?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “corporate income tax”

Word of the Day

scrumpy

an alcoholic drink made from apples

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More