Income tax

Income tax
Income In"come, n. 1. A coming in; entrance; admittance; ingress; infusion. [Obs.] --Shak. [1913 Webster]

More abundant incomes of light and strength from God. --Bp. Rust. [1913 Webster]

At mine income I louted low. --Drant. [1913 Webster]

2. That which is caused to enter; inspiration; influence; hence, courage or zeal imparted. [R.] [1913 Webster]

I would then make in and steep My income in their blood. --Chapman. [1913 Webster]

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. [1913 Webster]

No fields afford So large an income to the village lord. --Dryden. [1913 Webster]

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}. [1913 Webster]

{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. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • income tax — n: a tax on the net income of an individual or a business compare excise, property tax Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • income tax — income ,tax noun count or uncount * a tax based on your income that you pay to the IRS once a year or every three months: the basic/higher rate of income tax …   Usage of the words and phrases in modern English

  • income tax — n. a tax on income or on that part of income which exceeds a certain amount …   English World dictionary

  • income-tax — [inkɔmtaks] n. m. ÉTYM. 1803 1804; incometax, attestation isolée, 1801, in Höfler; mot angl., de income « revenu », et tax « taxe, impôt ». ❖ ♦ Didact. Dans les pays de langue anglaise, Impôt sur le revenu …   Encyclopédie Universelle

  • income tax — ► NOUN ▪ tax levied directly on personal income …   English terms dictionary

  • income tax — income taxes N VAR Income tax is a certain percentage of your income that you have to pay regularly to the government …   English dictionary

  • income tax — n [U] tax paid on the money that you earn …   Dictionary of contemporary English

  • income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …   Universalium

  • Income tax — Public financeAn income tax is a tax levied on the financial income of persons, corporations, or other legal entities. Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or… …   Wikipedia

  • 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. Bloomberg Financial Dictionary * * * income tax ˈincome tax noun [countable, uncountable] TAX in Britain, a… …   Financial and business terms

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