English version

income tax in Tax topic

From Longman Dictionary of Contemporary Englishincome taxˈincome tax noun [uncountable]  PETtax paid on the money that you earn
Examples from the Corpus
income taxThus, there could be no Schedule D income tax charges.His income tax liability is then calculated by referring to tax tables which are supplied by the Inland Revenue.If the provisions of s213 can be satisfied, management would incur no income tax charge or capital gains tax charge.And he never paid a dime of income tax on it.Another 31 % came from business taxes, and 21 % from the personal income tax.To put it another way, reducing income tax will increase people's capacity to afford more leisure.This is a regressive income tax.Married women are treated as dependents by the income tax system, whatever their actual economic resources and social situation.