Taxation ( noun , verb )

(As a noun)

Taxation ( noun )

1. The action of taxing, the process of levying taxes.
2. The system by which a government takes money from citizens to pay for public services.

Origin:

From latin taxatio, from taxare to tax, from taxa tax.

Examples:

1. The taxation system in this country is very complex.
2. The new law on taxation will increase taxes on the wealthy.
3. He had to hire an accountant to help him with his taxes.
4. The taxation policy has been the subject of much debate.
5. The citizens are angry at the government for increasing the taxation.

(As a verb)

Taxation ( verb )

1. The action of taxing, the process of levying taxes.
2. The system by which a government takes money from citizens to pay for public services.

Origin:

From latin taxatio, from taxare to tax, from taxa tax.

Examples:

1. The taxation system in this country is very complex.
2. The new law on taxation will increase taxes on the wealthy.
3. He had to hire an accountant to help him with his taxes.
4. The taxation policy has been the subject of much debate.
5. The citizens are angry at the government for increasing the taxation.