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personal income tax

 

Definitions from the Web

Personal Income Tax

Part of Speech: noun

Sense 1: A tax levied on the income of individuals.

Example Sentence: The government uses personal income tax to fund public services such as healthcare and education.

Related Products: Tax Planning Guide, Income Tax Law: Understanding the Basics

Sense 2: The amount of money an individual earns and pays taxes on.

Example Sentence: John's personal income tax increased significantly after receiving a promotion at work.

Related Products: Income Tax Software, Tax Refund Calculator

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