Definition of corporation tax in English:

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corporation tax

Entry from British & World English dictionary


[mass noun] British
Tax levied on companies' profits.
Example sentences
  • The main taxes are income tax, corporation tax and withholding tax.
  • The impact, not only of income tax, but inheritance tax, capital gains tax, corporation tax and stamp duty have to be considered.
  • Revenue sources said its enquiries are examining liabilities for gift tax, income tax and corporation tax.

For editors and proofreaders

Line breaks: cor|por|ation tax

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