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income tax
(redirected from Income taxes)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
income tax
n.
A tax levied on net personal or business income.

income tax
Noun
a personal tax levied on annual income
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.income taxincome tax - a personal tax levied on annual income
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
bracket creep - a movement into a higher tax bracket as taxable income increases
estimated tax - income tax paid periodically on income that is not subject to withholding taxes; based on the taxpayer's predicted tax liability
FICA - a tax on employees and employers that is used to fund the Social Security system
withholding tax, withholding - income tax withheld from employees' wages and paid directly to the government by the employer
supertax, surtax - an additional tax on certain kinds of income that has already been taxed
Translations
income tax nimpuesto sobre la renta
income tax income nimpĂ´t m sur le revenu
income tax income nEinkommenssteuer f
cpdSteuer-
income tax nimposta sul reddito


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? Mentioned in ? References in periodicals archive
 
The case study can also include a short discussion of accounting pronouncements that govern accounting for income taxes (e.
Nearly 2,400 of the Americans with the highest incomes paid no federal income taxes in 1993, up from just 85 individuals and couples in 1977, the latest available information from the Internal Revenue Service shows.
 
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