supertax


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

supertax

(ˈsuːpəˌtæks)
n
(Economics) a tax levied in addition to the basic tax, esp a graduated surtax on incomes above a certain level

su•per•tax

(ˈsu pərˌtæks)

n.
1. Chiefly Brit. a tax in addition to a normal tax.
2. a surtax.
[1905–10]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.supertax - an additional tax on certain kinds of income that has already been taxed
income tax - a personal tax levied on annual income
Translations

supertax

[ˈsuːpətæks] Nsobretasa f, sobreimpuesto m

supertax

nHöchststeuer f

supertax

[ˈsuːpəˌtæks] nsoprattassa
Mentioned in ?
References in periodicals archive ?
He said: "Under the SNP, you can imagine a sort-of supertax being imposed.
Example 4: Assume the same facts as Example 3 and that C used SuperTax software to prepare the return.
BRITAIN'S growing band of billionaires should be hit with a supertax, it was claimed last night.
Slapping down members' demands for mine nationalisation, the seizure of white-owned farms and a supertax on business, party leaders railroaded through a distinctly pro-business message.
Hollande is pressing ahead too with plans to impose a 75% supertax on income over 1 million euros.
Australian corporations have exploited concerns about economic recession by claiming, as they did for Rudd's proposed supertax on mining, that they will leave the country if the C[O.
Tanzania's Finance Minister Mustafa Mkulo is contemplating imposing a supertax on profits in furtherance of its five-year development plan, as the country looks to increase tax revenues from 15% to 19% of GDP.
In early December, the UK Chancellor of the Exchequer announced an immediate 50% supertax on discretionary bonus pay-outs greater than (pnds stlg)25,000 made by the nation's banks.
BAILED-OUT bankers will KEEP their bumper bonuses despite the new supertax, experts revealed yesterday.
Bankers have been hit with a 50 per cent supertax on bonuses over pounds 25,000, which isn't half the punishment they deserve for the misery they've caused.