About The Word Supertax

Bay Area Crosswords

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Supertax

Supertax Meaning & Definition
Supertax Definition And Meaning

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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