HyperDic: income_tax

English > 1 sense of the expression income tax:
NOUNpossessionincome taxa personal tax levied on annual income
English > income tax: 1 sense > noun 1, possession
MeaningA personal tax levied on annual income.
NarrowerFICAA tax on employees and employers that is used to fund the Social Security system
bracket creepA movement into a higher tax bracket as taxable income increases
estimated taxincome tax paid periodically on income that is not subject to withholding taxes
surtax, supertaxAn additional tax on certain kinds of income that has already been taxed
withholding tax, withholdingincome tax withheld from employees' wages and paid directly to the government by the employer
Broadertax, taxation, revenue enhancementCharge against a citizen's person or property or activity for the support of government
Spanishimpuesto sobre la renta de las personas físicas, impuesto sobre la renta, IRPF
Catalanimpost sobre la renda, IRPF

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