income tax Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "income tax" - Business English Dictionary

See all translations

income tax

noun [C or U]
 
 
TAX a tax on the money that a person earns from working or that a company earns from the sale of products or services: business/corporate/personal income taxavoid/evade/pay income tax Several tax evaders got away with no penalties by agreeing to pay income tax for previous years.put up/increase/raise income tax Congress is highly unlikely to raise income tax in an election year. to cut/reduce/lower income tax The Chancellor proposed a 1p cut in the basic rate of income tax.
→  See also corporate income tax , federal income tax , individual income tax , negative income tax , personal income tax , state income tax
Translations of “income tax”
in Korean 소득세…
in Arabic ضَريبة الدَّخْل…
in Portuguese imposto de renda…
in Catalan impost sobre la renda…
in Japanese 所得税…
in Italian imposta sul reddito…
in Chinese (Traditional) (個人)所得稅…
in Russian подоходный налог…
in Turkish gelir vergisi…
in Chinese (Simplified) (个人)所得税…
in Polish podatek dochodowy…
(Definition of income tax from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of income tax?
Add Cambridge dictionaries to your browser to your website

Definitions of “income tax” in other dictionaries

Word of the Day
child benefit

money received regularly by families from the government to help pay for the costs of taking care of children

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More