surtax
noun
sur·tax
ˈsər-ˌtaks 
1
: an extra tax or charge
2
: a graduated income tax in addition to the normal income tax imposed on the amount by which one's net income exceeds a specified sum
Examples of surtax in a Sentence
Recent Examples on the Web
The electric bus purchase was a pilot program funded partially through federal money and partially through a local transportation surtax.
—
Rafael Olmeda, Sun Sentinel, 31 July 2025
The company blamed the drop in net profit on the exceptional surtax on corporate income introduced by the French government this year for very large companies whose annual turnover in at least €1 billion.
—Elsa Keslassy, Variety, 29 July 2025
But officials attributed much of the excess haul to revenue generated by the millionaire’s tax, a surtax on incomes over $1 million and the capital gains tax — two sources of cash that cannot be used to balance the state’s budget.
—Chris Van Buskirk, Boston Herald, 14 May 2025
All of those rate increases were made retroactive to January 1, 2025, as was the 2% capital gains surtax also included in the budget.
—Patrick Gleason, Forbes.com, 3 July 2025
See All Example Sentences for surtax
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Rafael Olmeda, Sun Sentinel, 31 July 2025
The company blamed the drop in net profit on the exceptional surtax on corporate income introduced by the French government this year for very large companies whose annual turnover in at least €1 billion.
—Elsa Keslassy, Variety, 29 July 2025
But officials attributed much of the excess haul to revenue generated by the millionaire’s tax, a surtax on incomes over $1 million and the capital gains tax — two sources of cash that cannot be used to balance the state’s budget.
—Chris Van Buskirk, Boston Herald, 14 May 2025
All of those rate increases were made retroactive to January 1, 2025, as was the 2% capital gains surtax also included in the budget.
—Patrick Gleason, Forbes.com, 3 July 2025
See All Example Sentences for surtax
Cite this Entry
“Surtax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/surtax. Accessed 7 Aug. 2025.
Copy CitationKids Definition
surtax
noun
sur·tax
ˈsər-ˌtaks
: an additional tax over and above a general tax
Legal Definition
surtax
noun
sur·tax
ˈsər-ˌtaks
: an additional tax over and above a normal tax
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