income taxes

Definition of "income taxes"
  1. Levies placed on the earned and unearned income of both individuals and businesses
How to use "income taxes" in a sentence
  1. She calculated her income taxes and realized she had paid too much last year.
  2. The revised business plan takes into account new corporate income taxes.
  3. Personal income taxes typically have a deadline of April 15th in the United States.
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