additional tax
Supplementary government charge
Additional tax is a tax imposed on top of the regular tax amount.
It may result from underpayment, amended returns, or supplementary levies on specific income: The IRS assessed an additional tax after the audit.
Some jurisdictions impose additional taxes on luxury items, high earners, or particular transactions beyond standard rates.
- revenue generationCreating streams of income
- tax hikeRaised government levy
- excise taxTax on manufactured goods
- surchargeExtra fee added
- hidden feesConcealed additional costs
tax burden · luxury tax · windfall tax · environmental tax · import duty · sin tax · surtax · bracket creep · behavior modification · levy · user fee · environmental protection · estate tax · death tax · VAT · tariff · assessment · capital gains tax
additional taxtax refund
Returned excess withholding
refund · tax rebate · rebate · tax credit · reimbursement
additional taxtax reduction
Decreased fiscal obligation
tax relief · tax cut · tax break · tax exemption · tax deduction
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