income tax Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “income tax” in the English Dictionary

"income tax" in American English

See all translations

income taxnoun [C/U]

 us   /ˈɪn·kʌm ˌtæks, -kəm/
social studies a tax on the ​money that a ​personearns from ​working: federal, ​state, and ​local income taxes
(Definition of income tax from the Cambridge Academic Content Dictionary © Cambridge University Press)

"income tax" in Business English

See all translations

income taxnoun [C or U]

uk   us  
TAX a ​tax on the ​money that a ​personearns from ​working or that a ​companyearns from the ​sale of ​products or ​services: business/​corporate/​personalincometaxavoid/evade/pay income tax Several ​tax evaders got away with no ​penalties by ​agreeing to ​payincometax for previous ​years.put up/increase/raise income tax Congress is ​highly unlikely to ​raiseincometax in an ​electionyear. to ​cut/​reduce/​lowerincometax The ​Chancellorproposed a 1p ​cut in the basic rate of ​incometax.
(Definition of income tax from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “income tax”
in Arabic ضَريبة الدَّخْل…
in Korean 소득세…
in Portuguese imposto de renda…
in Catalan impost sobre la renda…
in Japanese 所得税…
in Chinese (Simplified) (个人)所得税…
in Turkish gelir vergisi…
in Russian подоходный налог…
in Chinese (Traditional) (個人)所得稅…
in Italian imposta sul reddito…
in Polish podatek dochodowy…
What is the pronunciation of income tax?
Add Cambridge dictionaries to your browser to your website
Word of the Day

float

a large vehicle with a flat surface that is decorated and used in festivals

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More