Meaning Of The Word Income tax

Real Dictionary

What's the definition of Income tax? Find Income tax meanings, definitions and more at the Real Dictionary online.

Income tax Meaning

Income tax Definition
Income tax Definition

What's The Definition Of Income tax?

income tax
a tax on income or on that part of income which exceeds a certain amount
noun: a personal tax, usually progressive, levied on annual income subject to certain deductions
noun: a tax levied on incomes, esp. an annual government tax on personal incomes
variable noun: Income tax is a certain percentage of your income that you have to pay regularly to the government.

income tax in Accounting
noun: Income tax is a part of your income that you have to pay regularly to the government.

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