income tax

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income tax

n.
A tax levied on net personal or business income.

income tax

n
(Economics) a personal tax, usually progressive, levied on annual income subject to certain deductions

in′come tax`


n.
a tax levied on the annual incomes of individuals and corporations.
[1790–1800]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.income tax - a personal tax levied on annual incomeincome 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
ضَرِيبَةُ الدَّخْلضَريبة الدَّخْل
daň z příjmu
indkomstskat
tulovero
porez na prihod
jövedelemadó
tekjuskattur
所得税
소득세
daň z príjmu
davek na dohodek
inkomstskatt
ภาษีเงินได้
thuế thu nhập

income tax

nimposta sul reddito

income

(ˈiŋkəm) noun
money received by a person as wages etc. He cannot support his family on his income.
income tax
a tax paid on income over a certain amount.
ˈincome-tax return noun
an official form that has to be completed with information about one's income and expenses and sent to a government department.

income tax

ضَرِيبَةُ الدَّخْل daň z příjmu indkomstskat Einkommensteuer φόρος εισοδήματος impuesto sobre la renta tulovero impôt sur le revenu porez na prihod imposta sul reddito 所得税 소득세 inkomstenbelasting inntektsskatt podatek dochodowy imposto de renda, imposto sobre rendimentos подоходный налог inkomstskatt ภาษีเงินได้ gelir vergisi thuế thu nhập 所得税
References in periodicals archive ?
BIR data showed that before the TRAIN Law took effect, 2,038,202 salaried workers were receiving minimum wages, hence were exempted from paying personal income taxes.
In May 2015, the Supreme Court decided a case involving Maryland state personal income taxes (Comptroller of the Treasury of Maryland v.
All personal income taxes must be filed on or before April 30, 2012.
The Texas Supreme Court turned back a challenge to the state's primary business tax, saying it doesn't violate a constitutional ban on personal income taxes.
In the UK, personal income taxes amount to between 20pc and 50pc; corporate taxes between 21pc and 28pc.
It describes the types of personal income taxes and examines with case studies recent proposals for reform, including flat taxes, dual income tax and new choices in tax units.
Federal Personal Income Tax Liabilities and Payments for 1959-2004 [Billions of dollars] Federal personal income taxes Liabilities Payments Difference basis (1) basis (2) 1959 39.

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