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Taxation Meaning in English

word

tækˈseɪʃən
tak-SAY-shun
tæksˈeɪʃən
taks-AY-shun

Definição

Taxation is the process by which a government collects money from people and businesses to pay for public services and expenses.

Uso & Nuances

Formal, used in legal, financial, and academic contexts. Common phrases: 'taxation policy', 'taxation system', 'indirect taxation'. Often refers to the overall method or system, not one specific tax.

Frases de Exemplo

The government uses taxation to fund schools and hospitals.

basic

Many people believe taxation should be fair for everyone.

basic

Taxation rates can change every year.

basic

Debates about taxation are common during election season.

natural

Some countries rely heavily on indirect taxation like sales tax.

natural

Understanding taxation helps citizens know where their money goes.

natural