Taxation definitions

tăk-sā'shən
An assessed amount of tax.
noun
2
0
The act or practice of imposing taxes.
noun
2
0
The fact of being taxed.
noun
2
0
Taxation is the process by which the government collects money from people to use for government purposes.

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

noun
2
1
A taxing or being taxed.
noun
0
0
Advertisement
A tax or tax levy.
noun
0
0
Revenue from taxes.
noun
0
0
The act of imposing taxes and the fact of being taxed.
noun
0
0
A particular system of taxing people or companies.
noun
0
0
The revenue gained from taxes.
noun
0
0
Advertisement
Revenue gained from taxes.
noun
0
1

Origin of taxation

From Latin taxātÄ­o (“rating, appraisal")

Sentence Examples

  • Nothing is permitted to escape taxation, and duplicated taxes on the same thing are frequent.

  • Owing to the high rate of taxation on deposits, a considerable part of the savings of the people is sent into other states.

  • Lowe was a rather cut-anddry economist, who prided himself that during his four years of office he took twelve millions off taxation; but later opinion has hardly accepted his removal of the shilling registration duty on corn (1869) as good statesmanship, and his failures are remembered rather than his successes.

  • Bills imposing taxation or appropriating revenue must not originate in the Senate, and neither taxation bills nor bills appropriating revenue for the annual service of the government may be amended in the Senate, but the Senate may return such bills to the House of Representatives with a request for their amendment.

  • Revenue is derived principally from customs duties, direct taxation being light.

More sentences →

Words near taxation in the Dictionary