surtax
pronunciation
How to pronounce surtax in British English: UK [ˈsɜ:tæks]
How to pronounce surtax in American English: US [ˈsɜrtæks]
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- Noun:
- an additional tax on certain kinds of income that has already been taxed
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- Verb:
- levy an extra tax on
Word Origin
- surtax (n.)
- "extra tax," 1834, from French surtaxe, from Old French sur- "over" (see sur- (1)) + taxe "tax" (see tax (n.)).
Example
- 1. A surtax would spread this cost over multiple years , and the rate could be applied progressively .
- 2. The foreign-invested enterprise is exempted from construction tax and education surtax .
- 3. The taxman will levy surtax on the waxworks .
- 4. Three is the income coupon , purchase purchase surtax use .
- 5. One house member , rep. gary peters of michigan , has introduced legislation that would recover the full value of the bonuses through a surtax .