corporation taxnoun [ U ]
uk/kɔː.pərˈeɪ.ʃən ˌtæks/us/kɔːr.pəˈreɪ.ʃən ˌtæks/UKtax paid by businesses on their profits
Thesaurus: synonyms and related words
Taxation
- capital gains tax
- capitation
- chargeable
- custom
- Customs and Excise
- inheritance tax
- levy
- National Insurance
- octroi
- overtax
- rateable value
- tax avoidance
- tax break
- tax credit
- tax exile
- tax-deductible
- tax-exempt
- VATable
- welfare state
- withholding tax
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Examples from literature
- When Congress establishes a new form of tax, therefore, such as the income tax or the corporation tax, the Supreme Court is pretty sure to be called on to decide under which of these large constitutional classes it falls.