taxation Antonyms

No Synonyms and anytonyms found

Meaning of taxation

Wordnet

taxation (n)

charge against a citizen's person or property or activity for the support of government

government income due to taxation

the imposition of taxes; the practice of the government in levying taxes on the subjects of a state

Webster

taxation (n.)

The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue.

The act of taxing, or assessing a bill of cost.

Tax; sum imposed.

Charge; accusation.

taxation Sentence Examples

1. Taxation plays a vital role in funding government services such as healthcare, education, and infrastructure.
2. The principles of taxation aim to ensure fairness, efficiency, and sufficiency.
3. The incidence of taxation refers to who ultimately bears the burden of a tax.
4. Progressive taxation systems impose a higher tax rate on those with higher incomes.
5. Regressive taxation systems impose a higher tax rate on those with lower incomes.
6. Sales taxes are a form of indirect taxation that is levied on the consumption of goods and services.
7. Corporate taxation generates revenue for governments from the profits of businesses.
8. Avoidance and evasion of taxation are illegal practices that deprive governments of their rightful revenue.
9. Tax incentives are designed to encourage certain economic activities or investments.
10. The debate on taxation often revolves around the balance between revenue generation and economic growth.

FAQs About the word taxation

What is the meaning of the word taxation

charge against a citizen's person or property or activity for the support of government, government income due to taxation, the imposition of taxes; the practic

What are the synonyms of the word taxation

No synonyms found.

What are the antonyms of the word taxation

No antonyms found.

What is the usage of word taxation

Taxation plays a vital role in funding government services such as healthcare, education, and infrastructure.

The principles of taxation aim to ensure fairness, efficiency, and sufficiency.

How to use the word taxation in a sentence?

The incidence of taxation refers to who ultimately bears the burden of a tax.

Progressive taxation systems impose a higher tax rate on those with higher incomes.