Corporation tax is a tax imposed by governments on businesses and corporations. It is a payment to the government which helps to fund the day-to-day services and infrastructure that benefit all citizens. Corporation tax allows governments to raise revenue to fund essential services such as roads and healthcare, as well as important investments in education, scientific research, and other public works. It also provides resources to help safeguard the environment and promote social justice initiatives. Corporation tax ensures businesses are paying their fair share, which helps to create a level playing field in the economy.