surtax (Meaning)
surtax (n)
an additional tax on certain kinds of income that has already been taxed
surtax (v)
levy an extra tax on
Synonyms & Antonyms of surtax
Synonyms:
Synonyms:
surtax Sentence Examples
- The government introduced a 10% surtax on luxury goods to generate additional revenue.
- The new tax law includes a surtax on high-income earners as a measure of economic inequality.
- The surtax on tobacco products aimed to discourage smoking and improve public health.
- The company's overseas profits were subject to a significant surtax due to tax avoidance policies.
- The surtax was imposed as a temporary measure to address a budget deficit.
- The surtax on imported goods protected domestic industries from foreign competition.
- The federal government announced a surtax on sugary drinks to combat obesity.
- The surtax on dividends was implemented to increase tax revenue from wealthy individuals.
- The surtax created a disincentive for businesses to engage in environmentally harmful activities.
- The surtax on capital gains was designed to reduce speculation in the property market.
FAQs About the word surtax
an additional tax on certain kinds of income that has already been taxed, levy an extra tax on
surcharge, excise, income tax, property tax,supertax, tariff, poll tax, custom(s), sales tax, hidden tax
No antonyms found.
The government introduced a 10% surtax on luxury goods to generate additional revenue.
The new tax law includes a surtax on high-income earners as a measure of economic inequality.
The surtax on tobacco products aimed to discourage smoking and improve public health.
The company's overseas profits were subject to a significant surtax due to tax avoidance policies.