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Definition 2024
income_tax
income tax
English
Noun
income tax (plural income taxes)
- A tax levied on earned and unearned income, net of allowed deductions.
- 2008, David Mutimer, Canadian Annual Review of Politics and Public Affairs 2002 (page 220)
- The latest Tory budget continued the trend begun in 2000 by making further small cuts in family income taxes.
- 2008, David Mutimer, Canadian Annual Review of Politics and Public Affairs 2002 (page 220)
Translations
tax levied on income
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