Found 2 items, similar to Income tax.
English → English (WordNet)
Definition: income tax
income tax
n : a personal tax levied on annual income
English → English (gcide)
Definition: Income tax
Income
\In"come\, n.
1. A coming in; entrance; admittance; ingress; infusion.
[Obs.] --Shak.
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More abundant incomes of light and strength from
God. --Bp. Rust.
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At mine income I louted low. --Drant.
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2. That which is caused to enter; inspiration; influence;
hence, courage or zeal imparted. [R.]
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I would then make in and steep
My income in their blood. --Chapman.
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3. That gain which proceeds from labor, business, property,
or capital of any kind, as the produce of a farm, the rent
of houses, the proceeds of professional business, the
profits of commerce or of occupation, or the interest of
money or stock in funds, etc.; revenue; receipts; salary;
especially, the annual receipts of a private person, or a
corporation, from property; as, a large income.
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No fields afford
So large an income to the village lord. --Dryden.
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4. (Physiol.) That which is taken into the body as food; the
ingesta; -- sometimes restricted to the nutritive, or
digestible, portion of the food. See
Food. Opposed to
output.
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Income bond, a bond issued on the income of the corporation
or company issuing it, and the interest of which is to be
paid from the earnings of the company before any dividends
are made to stockholders; -- issued chiefly or exclusively
by railroad companies.
Income tax, a tax upon a person's incomes, emoluments,
profits, etc., or upon the excess beyond a certain amount.
Syn: Gain; profit; proceeds; salary; revenue; receipts;
interest; emolument; produce.
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