Library / English Dictionary

TAXATION

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The imposition of taxes; the practice of the government in levying taxes on the subjects of a state

Classified under:

Nouns denoting acts or actions

Hypernyms ("taxation" is a kind of...):

imposition; infliction (the act of imposing something (as a tax or an embargo))

Derivation:

tax (levy a tax on)

Sense 2

Meaning:

Government income due to taxation

Synonyms:

revenue; tax income; tax revenue; taxation

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("taxation" is a kind of...):

government income; government revenue (income available to the government)

Hyponyms (each of the following is a kind of "taxation"):

internal revenue (government revenue from domestic sources (excluding customs))

Derivation:

tax (levy a tax on)

Sense 3

Meaning:

Charge against a citizen's person or property or activity for the support of government

Synonyms:

revenue enhancement; tax; taxation

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("taxation" is a kind of...):

levy (a charge imposed and collected)

Domain member category:

regressive ((of taxes) adjusted so that the rate decreases as the amount of income increases)

progressive ((of taxes) adjusted so that the rate increases as the amount of income increases)

deductible (acceptable as a deduction (especially as a tax deduction))

charge (financial liabilities (such as a tax))

withholding (the act of deducting from an employee's salary)

imposition; infliction (the act of imposing something (as a tax or an embargo))

accumulator; collector; gatherer (a person who is employed to collect payments (as for rent or taxes))

net estate (the estate remaining after debts and funeral expenses and administrative expenses have been deducted from the gross estate; the estate then left to be distributed (and subject to federal and state inheritance taxes))

disposable income (income (after taxes) that is available to you for saving or spending)

unearned income; unearned revenue (personal income that you did not earn (e.g., dividends or interest or rent income))

deductible ((taxes) an amount that can be deducted (especially for the purposes of calculating income tax))

budget items; operating cost; operating expense; overhead (the expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxes)

hidden tax (a tax paid unwittingly by the consumer (such as ad valorem taxes))

Hyponyms (each of the following is a kind of "taxation"):

special assessment (an additional tax levied on private property for public improvements that enhance the value of the property)

transfer tax (any tax levied on the passing of title to property)

pavage (a tax toward paving streets)

stamp duty; stamp tax (a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications))

rates (a local tax on property (usually used in the plural))

degressive tax (any tax in which the rate decreases as the amount subject to taxation increases)

proportional tax (any tax in which the rate is constant as the amount subject to taxation increases)

graduated tax; progressive tax (any tax in which the rate increases as the amount subject to taxation increases)

capitation (a tax levied on the basis of a fixed amount per person)

indirect tax (a tax levied on goods or services rather than on persons or organizations)

direct tax (a tax paid directly by the person or organization on whom it is levied)

gift tax (a tax imposed on transfers of property by gift during the lifetime of the giver)

franchise tax (a tax that is imposed by states on corporations; it depends both on the net worth of the corporation and on its net income attributable to activities within the state)

departure tax (a tax that is levied when you are departing a country by land or sea or air)

capital levy (a tax on capital or property)

capital gains tax (a tax on capital gains)

income tax (a personal tax levied on annual income)

single tax (a system of taxation in which a tax is levied on a single commodity (usually land))

Derivation:

tax (levy a tax on)

Credits