Income tax
volume
British pronunciation/ˈɪnkʌm tˈaks/
American pronunciation/ˈɪnkʌm tˈæks/

Definitie & Betekenis van "income tax"

01

inkomstenbelasting

a tax paid to the government each year by a business or an individual based on their income
example
Voorbeeld
examples
Individuals are typically taxed on their earnings through income tax systems.
The sixteenth amendment to the U.S. Constitution allowed Congress to levy an income tax.
As a student, I'm exempt from paying income tax this year.
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