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The meaning of TAX is a charge usually of money imposed by authority on persons or property for public purposes. How to use tax in a sentence.
to levy taxes. tax- 2 variant oftaxo-before a vowel: taxeme. Discover More Other Words From tax ernoun tax ing·lyadverb tax lessadjective tax less·lyadverb tax less·nessnoun an ti·tax adjective non·tax noun adjective non·tax ernoun ...
levy•However it does notlevyageneralsalestax; sales taxes are thebreadandbutterof moststategovernments.•If the governmentwishestoraisetaxrevenuein order tosubsidizethepoor, it shouldlevya tax onfilms.•AseparateCancellationCharge will beleviedinrespectofbookingscancelledinaccordancewithparagraph4.•...
Why does it differ from one state to the next? Since the professional tax is imposed by the state authority, this is the case. Some states/union territories, on the other hand, do not levy a professional tax. The professional tax could be paid over a year in 12 equal installments. ...
. . 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....
In their letter to Reeves, the 30 MPs and peers say an extreme wealth tax is needed as billionaire wealth has increased by almost £150bn in only two years, between 2020 and 2022, but revenue from wealth taxes has remained stagnant at around 3.4%. From BBC Sultana is one of five MPs...
征缴 zhēng jiǎo 征缴 ReadWriteQuiz Chinese dictionary Show pinyin v.levy taxeson dutiable goods zhēng jiǎo lǜ 征缴率 the collection rate
Common Indirect Taxes The most common example of an indirect tax isimport duties. The duty is paid by the importer of a good at the time it enters the country. If the importer goes on to resell the good to a consumer, the cost of theduty, in effect, is included in the price that ...
If the taxes remain unpaid, the tax authority can use a tax levy to legally seize the taxpayer's assets in order to collect the money it is owed. While a lien secures the government’s interest or claim in the property, a levy permits the government to seize and sell the property in ...