Sentence examples for income tax code from inspiring English sources

The phrase "income tax code" is correct and commonly used in written English.
It refers to the set of laws and regulations that govern how income taxes are levied and collected. Example: The new income tax code is expected to simplify the process of filing taxes for individuals and small businesses.

Exact(57)

The highest tax rate for individuals and businesses in Iraq's incoming income tax code will be a mere 15%.

No complicated income tax code.

President Obama is said to be considering an overhaul of the income tax code, beginning next year.

America's personal income tax code is riddled with deductions from the subtraction of mortgage interest to countless incentives for savings.

More encouraging are the economic goals reflected in his cabinet appointments and proposals to reform the income tax code.

Beyond income tax code, the deal continued jobless benefits for two million long-term unemployed who otherwise would have lost them immediately.

The current system taxes only about half of business income, because many enterprises, particularly small ones, are organized to pay taxes under the income tax code for individuals.

Next year will be the 25th anniversary of the previous overhaul of the income tax code that lowered rates and wiped away many tax breaks in return.

Many experts also recommend raising revenue by lowering tax expenditures — the roughly $1 trillion of deductions, credits and loopholes in the income tax code.

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Similar(2)

Longer term, he wants to modernize the Palestinians' income-tax code.

Everything should be up for discussion: changes to the income-tax code, entitlement reform, restructuring the Pentagon, higher energy taxes, consumption taxes.

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