Definition of corporation tax in English:

corporation tax

Line breaks: cor|por|ation tax

noun

[mass noun] British
Tax levied on companies' profits.
More 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.

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Word of the day flippant
Pronunciation: ˈflɪp(ə)nt
adjective
not showing a serious or respectful attitude