Meaning of “multiple taxation” in the English Dictionary

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"multiple taxation" in Business English

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multiple taxationnoun [ U ]

uk us TAX, ACCOUNTING

a situation in which more than one country or government department charges tax on the same income:

Multiple taxation is scaring away foreign investors, as many of them are asked to pay different taxes to different authorities in the country.

(Definition of “multiple taxation” from the Cambridge Business English Dictionary © Cambridge University Press)