释义 |
Definition of income tax in English: income taxnoun mass nounTax levied directly on personal income. Example sentencesExamples - I pay income tax and council tax, portions of which are spent on road maintenance.
- Most of our revenue is raised through income tax and income tax revenue declines with age.
- The money obtained is regarded as a capital receipt and is not liable to income tax.
- If you end up paying some income tax on your lump sum, you may be able to claim tax relief at the end of the tax year.
- Reducing marginal rates of income tax, shifting from direct to indirect taxes.
Definition of income tax in US English: income taxnounˈɪnkəm ˌtæks Tax levied by a government directly on income, especially an annual tax on personal income. Example sentencesExamples - I pay income tax and council tax, portions of which are spent on road maintenance.
- If you end up paying some income tax on your lump sum, you may be able to claim tax relief at the end of the tax year.
- Most of our revenue is raised through income tax and income tax revenue declines with age.
- Reducing marginal rates of income tax, shifting from direct to indirect taxes.
- The money obtained is regarded as a capital receipt and is not liable to income tax.
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