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- Dictionarytaxation/takˈseɪʃn/
noun
- 1. the levying of tax: "the progressive nature of taxation"
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Oct 7, 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.
Jun 30, 2024 · Taxation refers to the act of levying or imposing a tax by a taxing authority. Taxes include income, capital gains, or estate.
May 23, 2024 · Learn what taxes are, how they are collected, and why they are important for governments and individuals. Explore different types of taxes, such as income, payroll, corporate, sales, and property taxes, and how they affect your finances.
Learn the meaning of taxation as the action of taxing, especially the imposition of taxes, and see examples of its usage in sentences. Find out the word history, related entries, and legal and kids definitions of taxation.
Taxation is the system of collecting taxes or the process by which the government obtains money from its people. Learn more about different types, rates, and effects of taxation with Cambridge Dictionary.
Taxation is the practice of collecting taxes (money) from citizens based on their earnings and property. The money raised from taxation supports the government and allows it to fund police and courts, have a military, build and maintain roads, along with many other services.
The Income Tax Act 1967 (ITA) enforces administration and collection of income tax on persons and taxable income. The Inland Revenue Board of Malaysia (IRBM) is one of the main revenue collecting agencies of the Ministry of Finance.
