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corporation tax

British  

noun

  1. a British tax on the profits of a company or other incorporated body

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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When a similar idea was raised last year, the trade body UK Finance said banks already paid both a corporation tax surcharge and a bank levy.

From BBC Aug. 20, 2026

“Our budget is highly dependent on personal income tax, corporation tax and sales taxes.”

From Los Angeles Times May 1, 2026

Kast's new finance minister, Jorge Quiroz, announced a clutch of bills would go before parliament in the weeks ahead, including one trimming corporation tax from 27 to 23 percent.

From Barron's Mar. 18, 2026

"We're making it easier for them to thrive: no export duty, lower licensing fees, reduced tariffs, and a cap on corporation tax," they said.

From BBC Nov. 21, 2025

Can the adequate taxation of corporations be secured without resorting to a corporation tax which shall be purely Federal in character?

From Problems in American Democracy by Thames Ross Williamson

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