Search results
- DictionaryTax/taks/
noun
- 1. a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions: "higher taxes will dampen consumer spending"
- 2. a strain or heavy demand: "a heavy tax on the reader's attention"
verb
- 1. impose a tax on (someone or something): "hardware and software is taxed at 7.5 percent"
- 2. make heavy demands on (someone's powers or resources): "she knew that the ordeal to come would tax all her strength"
May 23, 2024 · Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national. Tax revenues finance...
The meaning of TAX is a charge usually of money imposed by authority on persons or property for public purposes. How to use tax in a sentence.
A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.
Jun 30, 2024 · What Is Taxation? Taxation is a term for when a taxing authority, usually a government, levies or imposes a financial obligation on its citizens or residents. Paying taxes to...
Ireland v. Commission. A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization to collectively fund government spending, public expenditures, or as a way to regulate and reduce negative externalities. [1]
Everyone has to pay taxes in one way or another, but the types of taxes you pay and how much you pay can vary. Some taxes are the same for everyone, while others are progressive, meaning they depend on how much you earn or the value of your property.
Jun 28, 2024 · Taxation, imposition of compulsory levies on individuals or entities by governments. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well. Learn more about taxation in this article.
noun. a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc. a heavy demand on something; strain. a tax on our resources.
TAX definition: 1. (an amount of) money paid to the government that is based on your income or the cost of goods or…. Learn more.
May 31, 2024 · Taxes. Income Tax. Understanding how the income tax system works—and ways to minimize the amount you owe—is essential to financial planning. Learn about tax brackets, filing status, how to file...
