surtax


Also found in: Thesaurus, Legal, Financial, Encyclopedia, Wikipedia.

sur·tax

 (sûr′tăks′)
n.
1. An additional tax.
2. A tax levied on corporations or individuals after net income has exceeded a certain level.
tr.v. sur·taxed, sur·tax·ing, sur·tax·es
To levy a surtax on.

surtax

(ˈsɜːˌtæks)
n
1. (Economics) a tax, usually highly progressive, levied on the amount by which a person's income exceeds a specific level
2. (Economics) an additional tax on something that has already been taxed
vb
(Economics) (tr) to assess for liability to surtax; charge with an extra tax

sur•tax

(n., v. ˈsɜrˌtæks; v. also sɜrˈtæks)

n.
1. an additional or extra tax on something already taxed.
2. one of a graded series of additional taxes levied on incomes exceeding a certain amount.
v.t.
3. to charge with a surtax.
[1880–85]

surtax


Past participle: surtaxed
Gerund: surtaxing

Imperative
surtax
surtax
Present
I surtax
you surtax
he/she/it surtaxes
we surtax
you surtax
they surtax
Preterite
I surtaxed
you surtaxed
he/she/it surtaxed
we surtaxed
you surtaxed
they surtaxed
Present Continuous
I am surtaxing
you are surtaxing
he/she/it is surtaxing
we are surtaxing
you are surtaxing
they are surtaxing
Present Perfect
I have surtaxed
you have surtaxed
he/she/it has surtaxed
we have surtaxed
you have surtaxed
they have surtaxed
Past Continuous
I was surtaxing
you were surtaxing
he/she/it was surtaxing
we were surtaxing
you were surtaxing
they were surtaxing
Past Perfect
I had surtaxed
you had surtaxed
he/she/it had surtaxed
we had surtaxed
you had surtaxed
they had surtaxed
Future
I will surtax
you will surtax
he/she/it will surtax
we will surtax
you will surtax
they will surtax
Future Perfect
I will have surtaxed
you will have surtaxed
he/she/it will have surtaxed
we will have surtaxed
you will have surtaxed
they will have surtaxed
Future Continuous
I will be surtaxing
you will be surtaxing
he/she/it will be surtaxing
we will be surtaxing
you will be surtaxing
they will be surtaxing
Present Perfect Continuous
I have been surtaxing
you have been surtaxing
he/she/it has been surtaxing
we have been surtaxing
you have been surtaxing
they have been surtaxing
Future Perfect Continuous
I will have been surtaxing
you will have been surtaxing
he/she/it will have been surtaxing
we will have been surtaxing
you will have been surtaxing
they will have been surtaxing
Past Perfect Continuous
I had been surtaxing
you had been surtaxing
he/she/it had been surtaxing
we had been surtaxing
you had been surtaxing
they had been surtaxing
Conditional
I would surtax
you would surtax
he/she/it would surtax
we would surtax
you would surtax
they would surtax
Past Conditional
I would have surtaxed
you would have surtaxed
he/she/it would have surtaxed
we would have surtaxed
you would have surtaxed
they would have surtaxed
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.surtax - an additional tax on certain kinds of income that has already been taxed
income tax - a personal tax levied on annual income
Verb1.surtax - levy an extra tax on; "surtax luxury items that cost more than $1,000"
tax - levy a tax on; "The State taxes alcohol heavily"; "Clothing is not taxed in our state"
Translations

surtax

[ˈsɜːtæks] Nsobreimpuesto m; (= rate) → sobretasa f

surtax

[ˈsɜːrtæks] nsurtaxe f

surtax

surtax

[ˈsɜːˌtæks] nsoprattassa
References in periodicals archive ?
8% surtax on net investment income reported by certain high-income taxpayers--this surtax could be abolished.
The version of the American Health Care Act bill that passed in the House last week would keep the additional Medicare tax, or Medicare surtax, in place until the 2023 tax year.
Fact checkers said Clinton's proposed surtax is targeted towards the rich and that only 0.
The government's tax research arm supports imposing a national surtax on real property, seen as a feasible strategy to source additional revenues for pump priming the economy.
The program is aimed at offering beneficiaries $70 per day for about one year to compensate long-term care expenses, and would be funded through a surtax on Hawaii's general excise tax, which is charged on businesses.
If the sections of the legislation imposing a surtax on insurance company auto insurance premiums fails, or the provision permitting the present Property-Liability Guarantee Association to "lend" monies to the newly-created Auto Guaratee Fund (created to pay off the JUA deficit) fails, then almost half of the funding to be used to pay off the JUA deficit will have disappeared--and it may be necessary to revive the "DOA" JUA (with, of course, another name).
8 percent surtax on net investment income added by Obamacare.
There is one minor change to the Medicare surtax rates: The threshold for the 3.
8 percent surtax that applies to net investment income for taxpayers whose modified adjusted gross incomes are above $250,000 for married joint filers and $200,000 for single filers.
TUNIS (TAP) - The National Constituent Assembly (NCA) adopted, Thursday, articles 28 to 31 of the Supplementary Finance Bill for 2014, providing for the "decision of surtax for the state budget" an initiative considered by a number of NCA members as a burden for the middle class.
The new surtax is also imposed on the undistributed net investment income of an estate or trust whose adjusted gross income (AGI) exceeds the dollar amount at which the highest tax bracket for an estate or trust begins.