Thesaurus Dictionary
Synonyms and antonyms of Types of tax and taxation in British Thesaurus
Types of tax and taxation
corporation tax (noun)
direct tax (noun)
a tax collected directly from a person or organization rather than as part of the price of a product or service
double Irish (noun)
a way of avoiding tax used by some large corporations, which involves moving the company’s income to a country with lower tax rates than the one where it does most of its business. Usually income is transferred to a branch of the company based in Ireland, and from there to another Irish company based in a country where there is no corporation tax.
estate tax (noun)
mainly American inheritance tax
hidden tax (noun)
income tax (noun)
a tax based on your income that you pay to the government
indirect tax (noun)
rates (noun)
a local tax that people in the UK paid before 1990. They now pay a similar tax called the council tax.
regressive tax (noun)
a tax system in which poor people pay a bigger percentage of their income than rich people
stamp duty (noun)
a tax that people in the UK pay on some official documents, especially when they are buying a house
stealth tax (noun)
a hidden and unexpected way of making people pay more money to the government as the result of a new tax or an increase in a particular tax
surtax (noun)
an additional tax on something on which you already pay tax, especially a high income
taxation (noun)
the system that a government uses for collecting money from people in the form of taxes
value added tax (noun)
windfall tax (noun)
an extra amount of tax that the government charges a company that makes a lot of money unexpectedly
withholding tax (noun)
part of a person’s salary that an employer gives to the government as payment of that person’s taxes