taxation Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “taxation” in the English Dictionary

"taxation" in American English

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taxationnoun [U]

us   /tækˈseɪ·ʃən/
the process by which the government of a country obtains money from its people in order to pay for its expenses
(Definition of taxation from the Cambridge Academic Content Dictionary © Cambridge University Press)

"taxation" in Business English

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taxationnoun [U]

uk   /tækˈseɪʃən/ us   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
(Definition of taxation from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “taxation”
in Arabic النظام الضَريبي…
in Korean 조세, 과세 제도…
in Portuguese tributação…
in Catalan impostos…
in Japanese 課税, 税制…
in Chinese (Simplified) 税收制度…
in Turkish vergilendirme…
in Russian налогообложение…
in Chinese (Traditional) 稅收制度…
in Italian tassazione…
in Polish opodatkowanie…
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“taxation” in Business English

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