Meaning of the word taxation in English
What does taxation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
taxation
US /tækˈseɪ.ʃən/
UK /tækˈseɪ.ʃən/
Noun
the imposition of compulsory levies on individuals or entities by governments in order to raise revenue for public expenditures
Example:
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The government announced new taxation policies to fund public services.
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Understanding the complexities of international taxation is crucial for global businesses.
Synonym: