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Taxes definition oxford dictionary

If the lump-sum tax is the same for all taxpayers, it is called a poll tax. Definition of taxation: A means by which governments finance their expenditure by imposing charges on citizens and corporate entities. A tax whose amount is not affected by the taxpayer's actions. 01 per cent on your cash. For Dictionary Term of the Day Articles Subjects BusinessDictionary Business Dictionary Dictionary Toggle navigation. Times, Sunday Times (2012) Under the new deal they will be paid for from general taxation rather than additions to bills. Extra taxation may be a pain, but so too is earning 0. Times, Sunday Times (2016) What is astonishing is that the taxation system is allowed to support this situation. Uh oh! You're not …. Dictionary. com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019 Examples from the Web for taxation Taxes are an obvious benchmark, since …taxes to definition, meaning, English dictionary, synonym, see also 'Texas',taxless',taxer',tax', Reverso dictionary, English definition, English vocabularyWhat is TAX? In a general sense, a tax is any contribution imposed by government upon individuals, for the use and service of the state, whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name. The differentiation of lump-sum taxes across taxpayers results highest taxes definition, meaning, English dictionary, synonym, see also 'hight',highness',high',higher', Reverso dictionary, English definition, English vocabularyTaxation is the practice of collecting taxes (money) from citizens based on their earnings and property. A negative lump-sum tax is called a lump-sum subsidy. See more. Tax haven definition is - a place where people go to live and companies go to operate in order to avoid paying high taxes. Taxation is the price of being a citizen, though politicians and citizens often argue about how much …Sales tax definition, a tax on receipts from sales, usually added to the selling price by the seller. 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. Lump-sum taxes can be varied across consumers, and may even be negative for some consumers. Governments use taxation to encourage or discourage certain economic decisions

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