Lexic.us

Definition of Income tax

1. Noun. A personal tax levied on annual income.

Definition of Income tax

1. Noun. A tax levied on earned and unearned income, net of allowed deductions. ¹

¹ Source: wiktionary.com

Medical Definition of Income tax

1. Tax on the net income of an individual, organization, or business. (12 Dec 1998)

Lexicographical Neighbors of Income Tax

Literary usage of Income tax

Below you will find example usage of this term as found in modern and/or classical literature:

1. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"And such was the construction which was from the beginning given to the Act. Prior to the enactment of 1864 there was an income tax on dividends at the rate ..."

2. Principles of Economics by Frank William Taussig (1915)
"In this respect, Great Britain has used her income tax more skillfully. § 7. In the United States constitutional obstacles stood for a time in the way of a ..."

3. Public Affairs Information Service Bulletin by Public Affairs Information Service (1920)
"Royal comm. on the income tax. 6th instalment of the minutes of evidence with ... 19p tables '19 Montreal Legislation, Proposed New South Wales—income tax ..."

4. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1918)
"A sum in excess of the par value of corporate stock received by a shareholder, subject to income tax Law Oct. 3, 1913, c. 16, pars. A, B, 38 Stat. ..."

5. An Almanack for the Year of Our Lord by Joseph Whitaker (1869)
"TAXES, STAMP DUTIES AND LICENCES income tax 1963-64 income tax Is a tax on annual income, represented by money, or money's worth. In general, the charge to ..."

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