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corporation tax
noun
- a British tax on the profits of a company or other incorporated body
Example Sentences
Housebuilders say they are already paying £6.5bn towards improving building safety through corporation tax and argue makers of unsafe cladding should bear more of the costs.
The couple's "media representation services" company, Sway and Starting, went into liquidation in 2022 owing £300,000 in VAT and £800,000 in corporation tax.
US pharma companies are in Ireland partially because of the country's low corporation tax rate.
He suggested a "generation tax" and a "special corporation tax" would cover the costs of government funding for renewable energy.
"In addition to capping corporation tax for the duration of parliament, we're permanently cutting business rates for retail, hospitality and leisure on the high street from 2026".
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