Background for taxation

taxation

/tækˈseɪ.ʃən/

Illustration taxation - Image 1

Illustration taxation - Image 2

noun

The act of imposing taxes and the fact of being taxed.

Examples :

"The taxation on cars is increasing next year, affecting many families' budgets. "

government economy politics finance business law

Illustration taxation - Image 1

noun

A particular system of taxing people or companies

Examples :

"The new taxation system for businesses is designed to encourage investment in the local community. "

economy government politics finance law business

Illustration taxation - Image 1

noun

The revenue gained from taxes

Examples :

"The taxation revenue from the city helps fund the local schools. "

government economy finance