Meanings
a tax imposed on the income generated by a business or individual, typically calculated as a percentage of the total revenue earned.
The company had to pay a significant amount in revenue tax due to its high earnings last year.
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Antonyms
a government levy on the gross income of a business, without deductions for expenses.
Small businesses often struggle with revenue tax as it doesn't account for their operational costs.
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Antonyms
Last updated: 2025/01/11 11:55