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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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"This comes on top of capping corporation tax, cutting alcohol duty on draught pints and six cuts in interest rates, benefiting businesses in every part of Britain," the spokesperson said.

From BBC May 4, 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

The status gives firms a grace period in which they are exempt from corporation tax, according to the paper, and instead issue a portion of the company's earnings to shareholders who are taxed individually.

From BBC Mar. 15, 2026

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 Williamson, Thames Ross

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