Definition of taxation in US English:

taxation

noun

  • 1The levying of tax.

    • ‘Liberal Democrats want a fair system of local taxation related to ability to pay.’
    • ‘It is hard not to conclude that our entire system of taxation is in danger of breaking down.’
    • ‘Recent changes to taxation laws in Portugal have also increased interest in the region.’
    • ‘He has repeatedly said he wants to see a switch from indirect taxation to taxation on income.’
    • ‘Tax experts have been quick to point out the legitimacy of the Irish taxation system.’
    • ‘He said the vast bulk of claims against accountants were not for audit work but for taxation work.’
    • ‘In effect, while not a tax, zakaah seems to be a more equitable form of levy than taxation on income.’
    • ‘At present, we pay for roads indirectly through fuel and vehicle duties and council and national taxation.’
    • ‘Because it has a small and wealthy population it needs to raise less revenue from taxation than other states.’
    • ‘But that would still involve taxation to channel these revenues into public spending.’
    • ‘The paradigm of direct taxation is income tax, the paradigm of indirect taxation is a tax on sales.’
    • ‘Income tax rate will not be increased and the progressive taxation system will be preserved.’
    • ‘A favourable system of taxation has led to the Bahamas becoming an important financial centre.’
    • ‘I personally believe that the correct way to help families is through the taxation system.’
    • ‘We could not deliver ourselves from the corrupt and oppressive system of taxation.’
    • ‘They have added more taxes and more concessions, so that the taxation system is now a labyrinth.’
    • ‘As offensive as I find this system, it is not the basis for taxation in the United States today.’
    • ‘Further measures are likely to follow, particularly in the area of corporate and capital taxation.’
    • ‘The taxation system that is now in place in this country is terribly complex.’
    • ‘Many smokers would support action by the government to deal with the regressive nature of tobacco taxation.’
    tax, tariff, toll, excise, duty, fee, imposition, impost, exaction, assessment, tithe, payment
    View synonyms
    1. 1.1 Money paid as tax.
      • ‘He acknowledges that Sinn Féin is not trying to present itself as a party of low taxation.’
      • ‘The difference between the flows of taxation and expenditure is the fiscal surplus or deficit.’
      • ‘The wars of the period necessitated the heaviest direct taxation since the 1650s.’
      • ‘Tax on capital gains provides an incentive to place capital in the member country with the lowest level of taxation.’
      • ‘At other times the carnivores move things in the direction of lower taxation.’
      • ‘These assets were paid for by our forefathers through money raised through local taxation.’
      • ‘The government can say taxation is at an all-time low but that is only true of direct taxation.’
      • ‘Low taxation creates a virtuous circle, leading to more money and employment for all.’
      • ‘Thanks to low taxation, alcohol in Japan is comparatively cheap and is consumed with vigour.’
      • ‘This is best achieved by unashamedly making the Tories a party of low taxation.’
      • ‘The problem arises when health spending is directed through the state, or is funded by taxation.’
      • ‘The Government didn't want to reduce taxation as that would cut into the money it had to spend.’
      • ‘He claimed finance purely from taxation would be unable to fund the investment needed over the next few years.’
      • ‘Increasing taxation is the only way to pay for services like public hospitals.’
      • ‘Tax is an interesting one, as the criticism is raised that high taxation reduces the incentive to make money.’
      • ‘Those involved in Lets and time banks argue that no taxation should be due on the services traded.’
      • ‘They are, or at least were, the party of small government, low taxation and the national interest.’
      • ‘The intention is to force up unemployment, drive down wages and reduce taxation.’
      • ‘It's vital we reform local democracy so people regard local taxation as money well spent.’
      • ‘The association's policy is that the NHS should continue to be funded from central taxation.’

Origin

Middle English (in the sense ‘the assessment of a penalty or damages’; compare with tax): via Old French from Latin taxatio(n-), from taxare ‘to censure, charge’.

Pronunciation

taxation

/takˈsāSH(ə)n//tækˈseɪʃ(ə)n/