Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “taxation”

See all translations

taxation

noun [U]
 
 
/tækˈseɪʃən/ TAX, GOVERNMENT
the system of collecting taxes: The proposals restrict investors' ability to shelter their assets from taxation. Reform of the country's taxation system is high on the Government's economic agenda.central/general/local taxation Britain has one of the highest rates of personal taxation in the world. Generally, all capital gains are taxable unless you are exempt from taxation. In Europe health care, education or sponsorship of the arts, have largely been financed through higher rates of taxation. The committee proposed a sweeping overhaul of the tax code last week, aimed at shifting more of the burden of taxation to the wealthy business/company/corporate taxation
money that is collected as tax: cut/reduce/raise taxation The big corporations are adamant the government must reduce taxation. excessive/heavy taxation high/low taxation
→  See also capital tax , deferred tax , direct taxation , discriminatory taxation , double taxation , indirect taxation , multiple taxation , redistributive taxation
Translations of “taxation”
in Korean 조세, 과세 제도…
in Arabic النظام الضَريبي…
in Portuguese tributação…
in Catalan impostos…
in Japanese 課税, 税制…
in Italian tassazione…
in Chinese (Traditional) 稅收制度…
in Russian налогообложение…
in Turkish vergilendirme…
in Chinese (Simplified) 税收制度…
in Polish opodatkowanie…
(Definition of taxation from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of taxation?
Add Cambridge dictionaries to your browser to your website

Definitions of “taxation” in other dictionaries

Word of the Day

thug

a man who acts violently, especially to commit a crime

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More