Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “tax”

tax

verb [T]     /tæks/ TAX, FINANCE
to make people or businesses pay an amount of money to the government from the money they earn, or when they buy goods or services: The state does not tax food or clothing.tax sth as sth The profits from these investments are taxed as ordinary income.tax sth at (a rate of) sth Earnings above the current threshold are taxed at 50%.tax sb on sth Homeowners who sell land for development are taxed on the profit.tax sb/sth heavily/lightly The government may tax housing more heavily. Non-electrical machines are lightly taxed.
(Definition of tax verb from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of tax

Browse related topics

You are looking at an entry to do with Complicated and difficult to do, but you might be interested in these topics from the Easy and difficult topic area:

Definitions of “tax” in other dictionaries

Word of the Day

warm-up

something that you do to prepare yourself for an activity, especially gentle exercises before a physical activity

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More