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1. Dictionary

   tax

   /taks/

   noun

   • 1. a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions: "higher taxes will dampen consumer spending" Similar levytariffdutytollexciseimpostcontributionassessmenttributetithechargefeeliabilitycustomsduescessOpposite rebate
   • 2. a strain or heavy demand: "a heavy tax on the reader's attention" Similar burdenloadweightencumbrancedemandstrainpressurestressdrainimpositionresponsibilitydutyonusobligationcareworry

   verb

   • 1. impose a tax on (someone or something): "the income will be taxed at the top rate" Similar levy a tax onimpose a toll oncharge duty onexact a tax ondemand a tax onassesschargetitherare:mulct
   • ▪ pay tax on (something, especially a vehicle): "the Land Rover slowly disintegrates and no one has bothered to tax it"
   • 2. make heavy demands on (someone's powers or resources): "she knew that the ordeal to come must tax all her strength" Similar strainstretchput a strain onmake demands onweigh heavily onweigh downburdenloadoverloadencumberpushpush too faroverwhelmtrytaskwear outexhaustsapdrainemptyenervatefatiguetirewearyweakenoverwork
   • 3. confront (someone) with a fault or wrongdoing: "why are you taxing me with these preposterous allegations?" Similar confrontaccusecall to accountchargeblamecensurecondemndenounceprosecutebring charges againstindictarraignincriminateimpeachinformal:point the finger atOpposite clearexonerate
   • 4. examine and assess (the costs of a case): "an officer taxing a bill of costs"

   Word Origin Middle English (also in the sense ‘estimate or determine the amount of a penalty or damages’, surviving in tax (sense 4 of the verb)): from Old French taxer, from Latin taxare ‘to censure, charge, compute’, perhaps from Greek tassein ‘fix’.

   Derivatives

   • 1. taxer noun
   • 2. taxless adjective

   Scrabble Points: 10

   • T

     1

   • A

     1

   • X

     8

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   More definitions, origin and scrabble points

2. www.investopedia.com › terms › tTaxes Definition: Types, Who Pays, and Why - Investopedia

   www.investopedia.com › terms › t

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   May 23, 2024 · What Are Taxes? Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national. Tax revenues finance...

3. groww.in › p › taxWhat is Tax - Definition & Types of Taxation in India - Groww

   groww.in › p › tax

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   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 of taxes, recent reforms, income tax, tax slabs, etc. on Groww.

4. en.wikipedia.org › wiki › TaxTax - Wikipedia

   en.wikipedia.org › wiki › Tax

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   A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to collectively fund government spending, public expenditures, or as a way to regulate and reduce negative externalities. [1] .

5. www.merriam-webster.com › dictionary › taxTax Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › tax

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   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 sentence.

6. dictionary.cambridge.org › dictionary › englishTAX | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   TAX definition: 1. (an amount of) money paid to the government that is based on your income or the cost of goods or…. Learn more.

7. taxfoundation.org › taxedu › glossaryTax Definition | TaxEDU Glossary

   taxfoundation.org › taxedu › glossary

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   A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Why Do We Pay Taxes?

8. www.investopedia.com › terms › tTaxation Defined, With Justifications and Types of Taxes - ...

   www.investopedia.com › terms › t

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   Feb 28, 2024 · What Is Taxation? Taxation is a term for when a taxing authority, usually a government, levies or imposes a financial obligation on its citizens or residents. Paying taxes to governments or...

9. www.khanacademy.org › college-careers-more › financial-literacyHow taxes work (article) | What are taxes? | Khan Academy

   www.khanacademy.org › college-careers-more › financial-literacy

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   Just like the pizza, taxes are a way for everyone to contribute a portion of their money to pay for things that benefit the whole community. We have to pay taxes because they help fund important services and programs that we all use and need, like schools, roads, parks, and hospitals.

10. www.dictionary.com › browse › taxTAX Definition & Meaning | Dictionary.com

    www.dictionary.com › browse › tax

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    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.. See examples of TAX used in a sentence.

11. www.indmoney.com › articles › taxWhat is Tax: Defination, Types & Importance of Income Taxes ... -...

    www.indmoney.com › articles › tax

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    Mar 19, 2024 · Uncover the essentials of taxation: Get to know the definition of tax, its purpose, and the various types of taxes implemented in India for financial governance.