surtax Hear it!

surtax Definition

sur·tax (sʉrtaks′)

noun

an extra tax on something already taxed; esp. a graduated tax on the amount by which an income exceeds a given figure

Etymology: sur- + tax, based on Fr surtaxe

transitive verb

to levy a surtax on

surtax Law Definition

See tax.

surtax Usage Examples

Preposition: on

export: In April 1995, that protection took the form of a heavy surtax on the export of raw nuts.

Converse of object

pay: Any sugar imported at a cheaper price must pay a surtax that brings the final price up to $ 385 a ton.

Noun used with modifier

  • cent: Raw nuts pay an 18 per cent export surtax - a measure designed to protect the national cashew processing industry.
  • export: Raw nuts pay an 18 per cent export surtax - a measure designed to protect the national cashew processing industry.