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Taxation

//tækˈseɪ.ʃən// noun

Definitions

Noun
  1. 1
    The act of imposing taxes and the fact of being taxed. countable, uncountable

    "Some of this will be down to breakthrough science and technology, breakthrough business models and breakthroughs in behaviour change, but we also need an intensifying focus on public policy, in areas like accounting, reporting and taxation, the last spotlighted by Shaxson."

  2. 2
    the imposition of taxes; the practice of the government in levying taxes on the subjects of a state wordnet
  3. 3
    A particular system of taxing people or companies countable, uncountable
  4. 4
    government income due to taxation wordnet
  5. 5
    The revenue gained from taxes. countable, uncountable

    "Less than one-tenth of the taxation is spent on public improvements of any kind […]"

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  1. 6
    charge against a citizen's person or property or activity for the support of government wordnet

Etymology

From Middle English taxacioun, from Anglo-Norman taxacion, from Latin taxātio (“rating, appraisal”). By surface analysis, tax + -ation.

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