Showing results for income tax. Search instead for Income+tax.

income tax

American

noun

a tax levied on incomes, especially an annual government tax on personal incomes.

income tax British

noun

a personal tax, usually progressive, levied on annual income subject to certain deductions

"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

Etymology

Origin of income tax

First recorded in 1790–1800

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.

It is mainly due to taxation matters as the company paying a supplementary payment of CNY300 million in enterprise income tax and late payment surcharges for 2020 to 2022, they note.

From The Wall Street Journal • Jun. 4, 2026

Residents of Nevada pay no state income tax.

From MarketWatch • Jun. 1, 2026

For 2021-22 she had a gross income of £140,496, paying just over £51,500 in income tax.

From BBC • Jun. 1, 2026

Despite reporting millions of dollars in revenue, he paid no income tax in some years and as little as $750 in others.

From Salon • May 25, 2026

Dora was having trouble with her income tax, for she was entangled in that curious enigma which said the business was illegal and then taxed her for it.

From "Cannery Row" by John Steinbeck

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023