corporation tax Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “corporation tax” in the English Dictionary

"corporation tax" in Business English

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corporation taxnoun [U or C]

uk   us   UK ( US corporate income tax)
TAX tax that a ​company has to ​pay on its ​profits: The ​chancellorproposed to ​reduce the ​smallcompaniesrate of ​corporationtax to 24%. As a ​charity they do not ​paycorporationtax on ​profits. a ​reduction/​increase/​rise in ​corporationtax
(Definition of corporation tax from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “corporation tax”
in Chinese (Simplified) 公司所得税…
in Chinese (Traditional) 公司所得稅…
What is the pronunciation of corporation tax?
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