supertax Meaning in the Cambridge English Dictionary
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Meaning of “supertax” in the English Dictionary

"supertax" in Business English

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supertaxnoun [C or U]

uk   us   /ˈsuːpəˌtæks/ TAX
a very high ​rate of ​incometax or ​companytaxpaid by those with a very high ​level of ​income or ​profit: Introducing a new supertax could ​help to make up the ​deficit in the ​publicspendingbudget.
(Definition of supertax from the Cambridge Business English Dictionary © Cambridge University Press)
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