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income tax
 

Definitions from WordNet

Noun income tax has 1 sense
  1. income tax - a personal tax levied on annual income
    --1 is a kind of     tax, taxation, revenue enhancement
    --1 has particulars:
     estimated tax; FICA; withholding tax, withholding; surtax, supertax

Definitions from the Web

Income Tax

Noun

1. A tax levied on individuals or businesses based on their income, typically collected by the government.

Example sentences:

  1. You need to file your income tax return by April 15th each year.
  2. The government uses income taxes to fund public services and programs.
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Adjective

1. Relating to or concerning income tax.

Example sentence:

  1. Make sure to consult an income tax professional for accurate advice.
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