Definition of income tax in English:

Share this entry

income tax

Pronunciation:

noun

[mass noun]
Tax levied directly on personal income.
Example sentences
  • 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.

For editors and proofreaders

Line breaks: in¦come tax

Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.