What is another word for corporation tax?

Pronunciation: [kˌɔːpəɹˈe͡ɪʃən tˈaks] (IPA)

Corporation tax is a term that refers to a tax levied on the profits earned by companies operating within a particular jurisdiction. However, there are several synonyms for this term, including corporate tax, company tax, business tax, and enterprise tax. Each of these terms captures the same essential idea, that companies are subject to taxes on their earnings. Many countries impose these types of taxes to raise revenue from businesses and corporations to fund public services or invest in infrastructure. The different terms used to describe corporation tax reflect the various legal and financial contexts in which the tax is applied and the differences in terminology across countries.

What are the hypernyms for Corporation tax?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Corporation tax

  • A second justification for corporate taxation is that the corporation receives a number of special privileges from society, the most important of which is limited liability of the stockholders. The corporation tax can be viewed as a user fee for this benefit.
    Harvey S. Rosen

Related words: corporate tax rates, corporate tax law, what is corporate tax, how does corporate tax work, how is corporation tax calculated, how much is the corp tax rate, why is corporate tax important, what are the benefits of corporate tax

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