Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Ask the Financial Experts Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of income tax

Definition of

income tax

Tax

tax on money received a tax levied directly on the income of a person or a company and paid to a local, state, or federal government.

Related definitions of "income tax"

  • Abbr IT
Recommended Further Reading (Term count)

Definitions of ’income tax’ and meaning of ’income tax’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’income tax’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related Blog Posts

More related Blog results