Meanings
plural supertaxes
- An additional tax on something that has already been taxed.
1 more example
When I mentioned Aristote's claims to colleagues, they confirmed that foreign mining companies were suspected to use accounting loopholes to minimize their tax payments to the Congolese government. This was one of the reasons cited by the Congolese government for the trebling of tax rates on cobalt and the implementation of the supertax in 2018.
2023, Siddharth Kara, “We Work in Our Graves”, in Cobalt Red, St. Martin's Press, page 172 - A higher rate of an existing tax.
Synonyms & antonyms
nounan additional tax on certain kinds of income that has already been taxed
Synonym sets from Open English WordNet, CC BY 4.0.
Origin
Cite this entry
supertax. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/supertax
“supertax.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/supertax. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “supertax,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/supertax.
Source: supertax on Wiktionary, CC BY-SA 4.0.