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" Similar Opposite
- 2. a strain or heavy demand: "a heavy tax on the reader's attention" Similar
verb
- 1. impose a tax on (someone or something): "the income will be taxed at the top rate" Similar
- 2. make heavy demands on (someone's powers or resources): "she knew that the ordeal to come must tax all her strength" Similar
Powered by Oxford Dictionaries
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 23, 2024 · Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national. Tax revenues finance government...
A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization to collectively support government spending, public expenditures, or as a way to regulate and reduce negative externalities. [1] .
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. Why Do We Pay Taxes?
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...
Tax definition: a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc.. See examples of TAX used in a sentence.
noun. /tæks/ [countable, uncountable] money that you have to pay to the government so that it can pay for public services. People pay tax according to their income and businesses pay tax according to their profits. Tax is also often paid on goods and services. to pay your taxes. to raise/cut taxes. tax on something a 20% tax on income.
verb [ T ] uk / tæks / us. tax verb [T] (MAKE PAY) to make someone pay a tax: Goods such as clothes are taxed at 15%. tax verb [T] (NEED EFFORT) to need a lot of effort: It's only a short report - it shouldn't tax me too much. (Definition of tax from the Cambridge Learner's Dictionary © Cambridge University Press) Translations of tax.
noun. 1. 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. 2. a heavy demand on something; strain. a tax on our resources. verb (transitive)
