tax noun - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tax”

See all translations

tax

noun [C or U]
 
 
/tæks/ ( plural taxes) TAX, FINANCE
an amount paid to the government based on a person's income, a company’s profits, the value of goods and services, etc, or this money considered together: Offshore trading companies are liable to pay tax at a rate of 5%.avoid/evade/escape tax Huge companies have the money to pay lawyers who advise them on ways to avoid tax.a tax on sth The law states that foreign businesses must pay taxes on business conducted in the US.increase/put up/raise taxes Many of the opposition's proposals will be very difficult to achieve without raising taxes.introduce/impose/levy a tax (on sth) The city has levied a tax of €1,000 on any SUVs registered to city-center addresses. abolish/cut/reduce a tax lift/remove a taxtax cuts/increases/rises The government must tighten its budget next year to offset poorly timed tax cuts. If you do not make the tax payment by February 28, an additional 5% surcharge is imposed.after/before tax The bank's bad debt provision forced profits before tax down to €152.7m.exclusive/inclusive of tax(es) The hotel failed to provide room rates inclusive of taxes.high/low tax(es) The area has very low property taxes. basic-rate/higher-rate tax a tax accountant/adviser/consultant a tax authority/agency/office
→  See also ad valorem , after-tax , back tax , capital gains tax , capital tax , consumption tax , corporation tax , council tax , death tax , deferred tax , degressive tax , direct tax , discriminatory tax , EBIT , estate tax , excise tax , expenditure tax , federal tax , flat tax , gift tax , goods and services tax , graduated tax , head tax , hypothecated taxes , income tax , indirect tax , inheritance tax , input tax , local tax , luxury tax , output tax , payroll tax , personal income tax , pre-tax , progressive tax , property tax , proportional tax , purchase tax , real estate tax , regressive tax , road tax , sales tax , sin tax , social security tax , specific tax , state tax , stealth tax , supertax , surtax , transaction tax , turnover tax , unitary tax , value-added tax , wealth tax , windfall tax , withholding tax
Translations of “tax”
in Arabic ضَريبة…
in Korean 세금…
in Malaysian cukai, beban…
in French taxe, impôt, fardeau…
in Turkish vergi…
in Italian tassa, tasse…
in Chinese (Traditional) 稅, 稅款…
in Russian налог…
in Polish podatek…
in Vietnamese thuế, gánh nặng…
in Spanish impuesto, carga…
in Portuguese imposto…
in Thai ภาษี, ความเครียด…
in German die Steuer, die Belastung…
in Catalan impost…
in Japanese 税金, 税…
in Indonesian pajak, beban…
in Chinese (Simplified) 税, 税款…
(Definition of tax noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of tax?
Add Cambridge dictionaries to your browser to your website

Definitions of “tax” in other dictionaries

Word of the Day

force somebody's hand

to make someone do something they do not want to do, or act sooner than they had intended

Word of the Day

Go ahead! (Phrasal verbs with ‘go’)

by Kate Woodford,
May 06, 2015
​​​ Every few weeks, we focus on phrasal verbs that are formed with a particular verb. This week, we’re looking at phrasal verbs that start with the verb ‘go’. As ever, we present a range of the most useful and common phrasal verbs. Some of the most common ‘go’ phrasal verbs are easy

Read More 

Evel abbreviation

May 04, 2015
English votes for English laws; the idea that only English (as opposed to Scottish, Welsh or Irish) MPs should be allowed to vote for laws that affect only England Yet these are the two principal constitutional proposals that have come from the Conservative party in its kneejerk response to Ukip’s English nationalism and

Read More