Definition of corporation tax in English:

corporation tax

Line breaks: cor|por|ation tax


[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.