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Definition of income tax noun from the Oxford Advanced Learner's Dictionary

income tax

noun
 
/ˈɪnkʌm tæks/,
 
/ˈɪnkəm tæks/
 
/ˈɪnkʌm tæks/,
 
/ˈɪnkəm tæks/
 [uncountable, countable]
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  1. the amount of tax that you pay to the government according to how much you earn
    • The standard rate of income tax was cut to 23p in the pound.
    • federal income tax
    Topics Moneyc1
    Oxford Collocations DictionaryIncome tax is used before these nouns:
    • receipt
    See full entry
See income tax in the Oxford Advanced American DictionarySee income tax in the Oxford Learner's Dictionary of Academic English
Check pronunciation: income tax

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noun
 
 
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