capital gains taxnoun a tax that a person or company pays on the profit you get from selling property or from money you have invested direct taxnoun a tax collected directly from a person or organization instead of as part of the price of a product or service dutynoun economics a tax that you must pay on something, especially something that you bring into one country from another countryestate taxnoun american a tax paid in the U.S. on the money and property that are left when someone diesGSTnoun Goods and Services Tax: a tax that in some countries forms part of the price of some things that you buy inheritance taxnoun tax that you pay on the money or property that you get from someone who has died mansion taxnoun a tax that has to be paid by anyone who owns or sells a house that is worth a very large amount of money progressive taxnoun a tax system in which people who earn a lot of money pay a larger percentage of their income in tax than people who earn less regressive taxnoun a tax system in which poor people pay a bigger percentage of their income than rich people road taxnoun money that people in some countries must pay if they want to drive their vehicles on public roads stamp dutynoun a tax that people in the U.K. pay on some official documents, especially when they are buying a house taxationnoun the system that a government uses for collecting money from people in the form of taxes windfall taxnoun an extra amount of tax that the government charges a company that makes a lot of money unexpectedly withholding taxnoun part of a person’s salary that an employer gives to the government as payment of that person’s taxes direct taxationtaxnoun a tax collected directly from a person or organization instead of as part of the price of a product or service taxernoun a bureaucrat who levies taxes |