Taxes Definition
Tax Definition | TaxEDU Glossary
A tax is a mandatory payment or charge collected by a government from taxpayers to cover the costs of government services. See tax definition.
Tax Definition & Meaning - Merriam-Webster
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 ...
Taxes Definition: Types, Who Pays, and Why - Investopedia
In economics, taxes fall on whoever pays the burden of the tax, whether this is the entity being taxed, such as a business, or the end consumers of the ...
TAX | definition in the Cambridge English Dictionary
TAX meaning: 1. (an amount of) money paid to the government that is based on your income or the cost of goods or…. Learn more.
A tax is a mandatory financial charge or levy imposed on a taxpayer by a governmental organization to support government spending and public expenditures ...
Tax Definition & Meaning | Britannica Dictionary
TAX meaning: an amount of money that a government requires people to pay according to their income, the value of their property, etc., and that is used to ...
Taxation | Definition, Purpose, Importance, & Types | Britannica Money
Taxation, imposition of compulsory levies on individuals or entities by governments. Taxes are levied in almost every country of the world, ...
Understanding Taxes - Glossary - IRS
A concept of tax fairness that states that people with different amounts of wealth or different amounts of income should pay tax at different rates.
Taxation Defined, With Justifications and Types of Taxes
Taxation refers to the act of levying or imposing a tax by a taxing authority. Taxes include income, capital gains, or estate.
The Three Basic Tax Types | TaxEDU Resources
Many individual income taxes are “progressive,” meaning tax rates increase as a taxpayer's income increases, resulting in higher-earners paying a larger share ...
tax | Wex | US Law | LII / Legal Information Institute
Tax is any charge of money or property that is imposed by a government upon individuals or entities that are within the government's authority to collect.
TAX definition in American English - Collins Dictionary
Tax is an amount of money that you have to pay to the government so that it can pay for public services such as road and schools.
TAX Definition & Meaning - Dictionary.com
noun · a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc. Synonyms: levy ...
Tax - Definition, Meaning & Synonyms - Vocabulary.com
A charge or fee that a government imposes on a citizen or business is called a tax. Taxes help to pay for the services people (and businesses) receive from ...
Taxes are compulsory, unrequited payments to general government. They are unrequited in the sense that benefits provided by government to taxpayers are not ...
Tax Definition, Uses & Types | Study.com
Every country in the world has some system of taxing its citizens. The purpose of taxes is to generate revenue for the government so that it can provide public ...
What is Tax - Definition & Types of Taxation in India - Groww
A tax is a compulsory fee that is levied by a government on an individual or an organization to collect revenue for public works. Know more about the types ...
Tax Glossary - Vermont Department of Taxes
... taxes and municipal taxes exceed a certain percentage of the household income. ... defined in 32 V.S.A. § 5401(5). H. Head of household: for purposes of income ...
Federal Income Tax Definition | Patriot Software
Federal income tax is a progressive tax on an employee's income imposed by the federal government. Get the complete definition here.
what is tax - Canara HSBC Life Insurance
Tax meaning, the concept and purpose through which the government finances projects for the benefit of the larger population, public interest, ...