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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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"Across the board, I've made enough to pay my staff, my suppliers. But in terms of profit on the business, I've made nothing at all – I've paid no corporation tax for four years."

From BBC Jun. 10, 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

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 Rex Ellingwood Beach

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