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Tax
01
a sum of money that has to be paid, based on one's income, to the government so it can provide people with different kinds of public services
to tax
01
to impose a financial charge by the government on income, goods, services, or properties to generate revenue for public services and functions
02
make a charge against or accuse
03
use to the limit
04
caterpillar of numerous moths characterized by a dense coat of woolly hairs; feed on plants and some are destructive pests
05
set or determine the amount of (a payment such as a fine)
tax
n
taxable
adj
taxable
adj
Example
The company hired a tax consultant to ensure compliance with the latest tax laws and regulations.
The government imposed a new tax on luxury goods to increase revenue.
The tax office assessed homeowners an additional charge for late payments.
The tax increase sounded the death knell for the business.
Tax rises have made some inroads into the country's national debt.
