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taxation

Line breaks: tax|ation
Pronunciation: /takˈseɪʃ(ə)n
 
/

Definition of taxation in English:

noun

[mass noun]
1The levying of tax: the progressive nature of taxation [as modifier]: a taxation system
More example sentences
  • Income tax rate will not be increased and the progressive taxation system will be preserved.
  • Tax experts have been quick to point out the legitimacy of the Irish taxation system.
  • In effect, while not a tax, zakaah seems to be a more equitable form of levy than taxation on income.
1.1Money paid as tax: direct taxation was low it should be financed out of taxation
More example sentences
  • These assets were paid for by our forefathers through money raised through local taxation.
  • It's vital we reform local democracy so people regard local taxation as money well spent.
  • Tax on capital gains provides an incentive to place capital in the member country with the lowest level of taxation.

Origin

Middle English (in the sense 'the assessment of a penalty or damages'; compare with tax): via Old French from Latin taxatio(n-), from taxare 'to censure, charge'.

Definition of taxation in:

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