Definition of income tax in English:
Tax levied by a government directly on income, especially an annual tax on personal income.
- Most of our revenue is raised through income tax and income tax revenue declines with age.
- I pay income tax and council tax, portions of which are spent on road maintenance.
- Reducing marginal rates of income tax, shifting from direct to indirect taxes.
Definition of income tax in:
- British & World English dictionary
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