About The Word Supertax
Learn about the word Supertax to help solve your crossword puzzle. Discover Supertax definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Supertax
| Supertax Definition And Meaning |
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What's The Definition Of Supertax?
[n] an additional tax on certain kinds of income that has already been taxed
Synonyms | Synonyms for Supertax: surtax Related Terms | Find terms related to Supertax: See Also | income tax Supertax In Webster's Dictionary \Su"per*tax`\, n. [Super- + tax.]
A tax in addition to the usual or normal tax; specif., in the
United Kingdom, an income tax of sixpence for every pound in
addition to the normal income tax of one shilling and
twopence for every pound, imposed, by the Finance Act of
1909-1910 (c. 8, ss 66, 72), on the amount by which the
income of any person exceeds [pounds]3,000 when his total
income exceeds [pounds]5,000.
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