Dictionary.com
Thesaurus.com

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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

“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

Oil and gas firms operating in the North Sea pay a 30% corporation tax on their profits and a supplementary 10% rate on top of that.

From BBC Jan. 21, 2026

Ahead of last year's general election, Reform's pledges included slashing corporation tax, cutting stamp duty on home purchases and lifting the threshold when people start paying income tax.

From BBC Nov. 3, 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 Williamson, Thames Ross

Vocabulary.com logo
by dictionary.com

Dictionary.com's Learning Companion

Go beyond just looking up words.
Remember them forever with VocabTrainer.

Start training