surtax
IPA: sˈɝtæks
noun
- (law) An additional or extra tax.
verb
- (transitive) To impose a surtax upon.
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Examples of "surtax" in Sentences
- Surtax on undistributed profits.
- He was therefore, liable to pay surtax on the dividends.
- Donruss paid their surtax but sued to get the money back.
- As such, Vandervell was liable to pay surtax on the option.
- The surtax was repealed well before the war ended in Vietnam.
- A surtax may be a tax levied upon a tax, or a tax levied upon income.
- A surtax, may be a tax levied upon a tax, or a tax levied upon income.
- A 'surtax' may be a tax levied upon a tax, or a tax levied upon income.
- Only the first $5,000 of a large purchase is subject to the surtax rate.
- Most counties levy the surtax for education or transportation improvements.