Legal Dictionary

taxation

Legal Definition of taxation

Noun

  1. The act of taxing
  2. The amount assessed as a tax

See also


Definition of taxation

Etymology

    From Latin taxātĭo (“rating, appraisal”)

Pronunciation

  • enPR: tăks-ā'shən, IPA: /tæksˈeɪ.ʃən/, SAMPA: /t{ks"eI.S@n/
  • Rhymes: -eɪʃən

Noun

taxation (countable and uncountable; plural taxations)

  1. The act of imposing taxes and the fact of being taxed
  2. A particular system of taxing people or companies
  3. The revenue gained from taxes

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



SHARE THIS PAGE

TOP LEGAL TERMS THIS WEEK
1.     landed property
2.     lex fori
3.     status quo
4.     ownership
5.     lex loci delicti commissi
6.     lex situs
7.     sodomy
8.     lex causae
9.     unjustified
10.     AORO