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English definition of “surtax”

surtax

noun [U]
 
 
/ˈsɜːtæks/ US   /ˈsɝː-/
TAX an extra tax on income above a particular high level, or an extra tax on something that is already taxed: In addition, a 10% surtax applies to certain high-income taxpayers. He'd prefer to see an increase to the surtax rather than the base tax rate.
(Definition of surtax from the Cambridge Business English Dictionary © Cambridge University Press)
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