1. impose, charge, tax, collect, gather, demand, exact Taxes should not be levied without the authority of Parliament. Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002 levyverb 1. To establish and apply as compulsory...
There is no limit to the number of levies the IRS can place to collect unpaid taxes. However, the IRS can only levyup to 15% of Social Security benefits, and it cannot levy veterans' benefits.220In addition, the IRS may release a levy if the lost funds would create an undue economic ...
aTaxing Powers and Expenditure Functions The general enabling statute for federal taxing powers is contained in Article 1, Section 8, of the Constitution, which provides that “the Congress shall have power to levy and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide fo...
. . inflamed Ethelbert, king of Kent, to levy his power, and to war against them. --Fuller. 3. To raise or collect by assessment; to exact by authority; as, to levy taxes, toll, tribute, or contributions. If they do this . . . my ransom, then, Will soon be levied. --Shak....
A virtual environment in which players are charged and able to charge taxes for various taxable activities. The tax may be levied by a governmental authority or other entity or by one or more characters in the metaverse. The tax may be imposed at the time of a taxable activity, at ...
levy 'liːviː Main English Definition (名) As a noun The act of drafting into military service. A charge imposed and collected. (动) As a verb Cause to assemble or enlist in the military. Impose and collect. Hyphenationlev•y ...
The IRS may perform a levy on a 1099 contractor to collect back taxes owed from the previous year. Find out about IRS 1099 levy contractor options with help from TurboTax in this video.
The author compares the levy rates for horticultural crops with other branches of the Agriculture and Horticulture Development Board (AHDB) of Great Britain. He notes that AHDB collect 0.5 percent of the value of the farmers' turnover on horticultural crops and they also pay an area levy to th...
An IRS levy is a legal action taken by the Internal Revenue Service to collect unpaid taxes. It gives the IRS the authority to seize assets, including funds from bank accounts, to satisfy the outstanding tax debt. The IRS has the power to initiate a bank account levy when all other attemp...
The bill has been applied for 3 years, and has been postponed for two years. However, the high court of the United States has decided that because the federal government and the state government can legislate to collect taxes, if a company entity is not in a state, if the consumer has ...