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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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2. People also ask

   What does tax mean?

   • 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.

   TAX | English meaning - Cambridge Dictionary

   dictionary.cambridge.org/dictionary/english/tax

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   Are taxes a noun or verb?

   • Paying taxes to governments or officials has been a mainstay of civilization since ancient times. The term "taxation" applies to all types of mandatory levies, from income to capital gains to estate taxes. Though taxation can be a noun or verb, it is usually referred to as an act; the resulting revenue is usually called "taxes."

   Taxation Defined, With Justifications and Types of Taxes - Investopedia

   www.investopedia.com/terms/t/taxation.asp

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   What is a portion of taxes used for?

   • A portion of taxes may be used to service past debts. Governments also use taxes to fund welfare and public services. These services can include education systems, pensions for the elderly, unemployment benefits, transfer payments, subsidies and public transportation. Energy, water and waste management systems are also common public utilities .

   Tax - Wikipedia

   en.wikipedia.org/wiki/Tax

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   What is taxation & how does it work?

   • 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 in this article.

   Taxation | Definition, Purpose, Importance, & Types | Britannica Money

   www.britannica.com/money/taxation

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

   groww.in › p › tax

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   Learn what is tax, how it is collected and used by the government, and the different types of taxes in India. Find out about the recent reforms such as GST, income tax slabs, deductions, and evasion laws.

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

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   May 23, 2024 · Learn what taxes are, how they are collected, and why they are important for governments and individuals. Explore different types of taxes, such as income, payroll, corporate, sales, and property taxes, and how they affect your finances.

   • Author: David Gorton

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

   en.wikipedia.org › wiki › Tax

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   Ireland v. Commission. 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 to collectively fund government spending, public expenditures, or as a way to regulate and reduce negative externalities. [1]

6. Videos

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

   dictionary.cambridge.org › dictionary › english

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   Learn the meaning of tax as a noun and a verb in English, with synonyms, related words and phrases, and usage examples. Find out how tax is used in different contexts, such as finance, business, and social studies.

8. www.britannica.com › money › taxationTaxation | Definition, Purpose, Importance, & Types ...

   www.britannica.com › money › taxation

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   Jun 28, 2024 · 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.

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

   www.merriam-webster.com › dictionary › tax

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   Learn the noun and verb meanings of tax, as well as its synonyms, examples, etymology, and related phrases. Find out how to cite, translate, and play with the word tax.

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

    www.investopedia.com › terms › t

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    Jun 30, 2024 · Taxation is when a government or other authority requires that a fee be paid by citizens and corporations. Learn about the purposes, types and history of taxation, and how it affects different countries and economies.