Meaning of “corporation tax” in the English Dictionary

business-english dictionary

"corporation tax" in Business English

See all translations

corporation taxnoun [ U or C ]

uk us UK US corporate income tax

TAX tax that a company has to pay on its profits:

As a charity they do not pay corporation tax on profits.

(Definition of “corporation tax” from the Cambridge Business English Dictionary © Cambridge University Press)

Need a translator?

Translator tool

Get a quick, free translation!