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Synonyms for surtax

an additional tax on certain kinds of income that has already been taxed


Related Words

levy an extra tax on

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References in periodicals archive ?
Aspo Oyj (HEL:ASPO) reported on Wednesday that the administrative lawsuit initiated by Telko, a wholly owned subsidiary of Aspo Plc, concerning the surtax imposed by Customs has been processed and is now final.
"This is an important point to underscore because these catch-up payments mean FY19 will essentially include 18 months of CBT surtax payments in a 12-month period," Muoio testified.
Fitch has also affirmed the 'AA' ratings on approximately $1.4 billion of transit system sales surtax revenue bonds, series 2008, 2009A, 2009B (federally taxable - build America bonds), 2010A, 2010B, 2012, 2015, and 2017.
If approved, the a surtax would be charged to market the corridor, provide amenities in public areas and pay for supplemental maintenance and security services.
Marge anticipates that such a gain would be taxed at a 20% rate, as well as the 3.8% surtax on net investment income.
The Medicare surtax imposes an extra 0.9% tax on wages, compensation and self-employment earnings over a minimum level.
In a study titled Feasibility of Levying a National Surtax on Real Property, the National Tax Research Center (NTRC) said the surtax or additional tax on land, building and machinery was practicable, relative to ease in administration, considering the wide application of property taxation.
If the sections of the legislation imposing a surtax on insurance company auto insurance premiums fails, or the provision permitting the present Property-Liability Guarantee Association to "lend" monies to the newly-created Auto Guaratee Fund (created to pay off the JUA deficit) fails, then almost half of the funding to be used to pay off the JUA deficit will have disappeared--and it may be necessary to revive the "DOA" JUA (with, of course, another name).
* There is one minor change to the Medicare surtax rates: The threshold for the 3.8 percent Medicare surtax on investment income and the 0.9 percent Medicare surtax on earned income will remain at $200,000 for single filers, $250,000 for married filing jointly, but for trusts and estates, the threshold rises to $12,300.
If you weren't made aware of this in last year's tax plan, you might want to educate yourself on the 3.8 percent surtax that applies to net investment income for taxpayers whose modified adjusted gross incomes are above $250,000 for married joint filers and $200,000 for single filers.
TUNIS (TAP) - The National Constituent Assembly (NCA) adopted, Thursday, articles 28 to 31 of the Supplementary Finance Bill for 2014, providing for the "decision of surtax for the state budget" an initiative considered by a number of NCA members as a burden for the middle class.
The second surtax is a tax of 3.8 percent on unearned income (such as dividends and interest) for taxpayers with an adjusted gross income in excess of $200,000 or $250,000 for married couples (unindexed).
Levens points out that 2013 is the first year for two new "surtaxes" under the Affordable Care Act, which is making an impact--one is for the .9 percent on earned income and another is 3.8 percent surtax on net investment income.
The new surtax is also imposed on the undistributed net investment income of an estate or trust whose adjusted gross income (AGI) exceeds the dollar amount at which the highest tax bracket for an estate or trust begins.