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taxation

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tax⋅a⋅tion

[tak-sey-shuhn]
–noun
1. the act of taxing.
2. the fact of being taxed.
3. a tax imposed.
4. the revenue raised by taxes.

Origin:
1250–1300; < ML taxātiōn- (s. of taxātiō) an appraising (see tax, -ation ); r. ME taxacioun < AF < ML, as above


tax⋅a⋅tion⋅al, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2010.
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Tax Preparation & Advice
Personalized tax return preparation and consulting in Leesburg, VA.
www.GoodrumCPAs.com
Rockville Maryland CPA
Tax preparation for Individuals, corporations and partnerships
www.larryrcpa.com
tax·a·tion   (tāk-sā'shən)   
n.  
    1. The act or practice of imposing taxes.

    2. The fact of being taxed.

  1. An assessed amount of tax.

  2. Revenue gained from taxes.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Cultural Dictionary

taxation

A government's practice of collecting money from citizens and businesses within its domain to support its operations.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: tax·a·tion
Function: noun
1 : the action of taxing: as a : the imposition of taxes b : the judicial determination of costs
2 a : revenue obtained from taxes b : the amount assessed as a tax
3 : a particular system of taxing taxation>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Encyclopedia

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 with a free trial on Britannica.com.

Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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