Tax
volume
British pronunciation/tˈæks/
American pronunciation/ˈtæks/

Definition & Meaning of "tax"

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

Wiki
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)

example
Example
examples
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.
Tax rises have made some inroads into the country's national debt.
The tax increase sounded the death knell for the business.
He earned $5000 less tax and insurance.
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