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Tax definition vocabulary

Use TaxAct's Tax Dictionary to help clarify any confusion while filing taxes. Define tax. Dictionary Grammar Blog School Scrabble Thesaurus Translator Quiz More Resources More from Collins. How to use tax in a sentence. …Tax definition is - a charge usually of money imposed by authority on persons or property for public purposes. Gain from the sale of collectibles and, generally, the taxable part of your gain from the sale of qualified small business stock held more than 5 years. Taxes help to pay for the services people (and businesses) receive from the government. corporate income, personal income, real property. A charge or fee that a government imposes on a citizen or business is called a tax. TAXABLE BASE -- The thing or amount on which the tax rate is applied, e. Learn more. Understanding tax terms can make tax preparation less stressful. taxation: 1 n the imposition of taxes; the practice of the government in levying taxes on the subjects of a state Type of: imposition , infliction the act of imposing something (as a tax or an embargo) n charge against a citizen's person or property or activity for the support of government Synonyms: revenue enhancement , tax Types: show 30 . a sum of money demanded by a government; levy; lay a burden on; strain, stretch Not to be confused with: tacks – short, sharp nails with broad, flat heads;tax: Compulsory monetary contribution to the state's revenue, assessed and imposed by a government on the activities, enjoyment, expenditure, income, occupation TAX -- The OECD working definition of a tax is a compulsory unrequited payment to the government. (an amount of) money paid to the government that is based on your income or the cost of goods or…. Thesaurus. Tax definition, a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc. tax definition: 1. See more. TAXABLE EVENT -- Term used to define an occurrence which affects the liability of a person to tax. g. Translator. English. 401(k) PlanTax definition: Tax is an amount of money that you have to pay to the government so that it can pay for | Meaning, pronunciation, translations and examples. Grammar. English Chinese French German Hindi Italian Portuguese Spanish. tax synonyms, tax pronunciation, tax translation, English dictionary definition of tax. 0-9 28% rate gain. Log In Dictionary

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