Dictionary Home » Dictionary Definitions » taxation

taxation

Listen See in Thesaurus See in a sentence

Taxation is the process by which the government collects money from people to use for government purposes. (noun)

When the government charges a tax on income earned, products purchased, and property owned, this is an example of taxation.

YourDictionary Definitions. Copyright © 2012 by LoveToKnow Corp.

See taxation in Webster's New World College Dictionary

noun

a taxing or being taxed
a tax or tax levy
revenue from taxes

See taxation in American Heritage Dictionary 4

(tăk-sāˈshən)

noun

a. The act or practice of imposing taxes.
b. The fact of being taxed.
An assessed amount of tax.
Revenue gained from taxes.

Learn more about taxation

» taxation synonyms

» taxation Culture

» taxation sentence examples

» taxation quote examples

Related Articles

» What Is Progressive Taxation?

» How Many Years Back Can the IRS Audit a Business?

link/cite print suggestion box

More from YD

» double taxation

» double-taxation agreement

» about 234 more...

taxable money market non-government fund

taxable municipal bond

taxable municipal bond (investment)

taxation (synonyms)

taxation (Culture)

Taxation without representation is tyranny