corporation tax

British  

noun

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

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Example Sentences

“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

Party chair Anna Turley wrote to the tax authority after the Sunday Times reported Tice had "avoided nearly £600,000 in corporation tax" through his property company.

From BBC • Mar. 15, 2026

A spokesperson for the Treasury said the government was "pro-business", pointing out that it had capped corporation tax at 25% and was reforming business rates.

From BBC • Dec. 22, 2025

It saves paying a big corporation tax and lets you sell all the full-paid, nonassessable stock you want to issue, regardless of what the property is worth.

From Flowing Gold by Beach, Rex Ellingwood