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income tax
(redirected from Income taxes)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Income tax
A state or federal government's levy on individuals as personal income tax and on the earnings of corporations as corporate income tax.
income tax
A tax levied on the annual earnings of an individual or a corporation. Income taxes are levied by the federal government and by a number of state and local governments. One set of rules applies to individual income and another to corporate income. The size and structure of an income tax greatly influence security prices and investor decisions.


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The case study can also include a short discussion of accounting pronouncements that govern accounting for income taxes (e.
Case study: the JCT's Enron report sheds light on the book vs. tax ... by Nellen, Annette / The Tax Adviser
Nearly 2,400 of the Americans with the highest incomes paid no federal income taxes in 1993, up from just 85 individuals and couples in 1977, the latest available information from the Internal Revenue Service shows.
2,392 RICH AMERICANS PAID NO TAXES IN '93 by Daily News (Los Angeles, CA)
But if a family pays no income taxes (which is true of 16.
Tax cuts are in sight: but the average African-American will get less ... by Bennett, Robert / Black Enterprise
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