noun
corporate income tax
A tax levied on the income of corporations. Used in legal, accounting, and business contexts.
法人所得税の申告期限は来月です。
The deadline for filing corporate income tax is next month.
新しい法人所得税の税率が発表された。
The new corporate income tax rate has been announced.
Compound of 法人 (corporation) + 所得税 (income tax). A straightforward modern legal term.