taxes (Meaning)

taxes

a charge usually of money set by authority on persons or property for public purposes, to accuse of something, censure, to levy a tax on, to enter (a name) in a list, to make heavy demands on, something (as an effort or duty) that makes heavy demands, charge, accuse, a heavy demand, to assess or determine judicially the amount of (costs of an action in court), to require to pay a tax, to assess or determine judicially the amount of (costs in a court action), a charge usually of money imposed by legislative or other public authority upon persons or property for public purposes, arrangement, a sum levied on members of an organization to defray expenses, a charge usually of money imposed by authority on persons or property for public purposes, to make onerous and rigorous demands on

taxes Sentence Examples

  1. Individuals and businesses are obligated to pay taxes to the government.
  2. The government utilizes taxes to fund essential public services such as education, healthcare, and infrastructure.
  3. Tax laws can be complex and vary depending on jurisdiction and income level.
  4. Filing taxes accurately and on time is crucial to avoid penalties and interest charges.
  5. Sales taxes are levied on the purchase of goods and services in many jurisdictions.
  6. Property taxes are based on the assessed value of real estate and other taxable property.
  7. Governments may offer tax incentives and deductions to encourage certain industries or activities.
  8. Tax evasion, the intentional failure to pay taxes, is a serious crime with significant consequences.
  9. Tax planning can help individuals and businesses optimize their tax liability and minimize tax burdens.
  10. The tax code undergoes periodic revisions to reflect changes in economic policy and societal needs.

FAQs About the word taxes

a charge usually of money set by authority on persons or property for public purposes, to accuse of something, censure, to levy a tax on, to enter (a name) in a

duties, impositions,levies, tariffs, surtaxes, excises,imposts, assessments, income taxes, single taxes

No antonyms found.

Individuals and businesses are obligated to pay taxes to the government.

The government utilizes taxes to fund essential public services such as education, healthcare, and infrastructure.

Tax laws can be complex and vary depending on jurisdiction and income level.

Filing taxes accurately and on time is crucial to avoid penalties and interest charges.