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IELTS BNC: 3075 COCA: 9627

taxation

noun

tax·​a·​tion tak-ˈsā-shən How to pronounce taxation (audio)
1
: the action of taxing
especially : the imposition of taxes
2
: revenue obtained from taxes
3
: the amount assessed as a tax

Example Sentences

the federal right of taxation
Recent Examples on the Web Johnson, on the other hand contends that the animals are owned by the Zoological society, a private corporation, and therefore subject to taxation. San Diego Union-Tribune, 30 Aug. 2022 Meanwhile, sales of nonalcoholic beverages — which aren’t subject to similar taxation — have grown in recent years, according to industry figures. Julia Mio Inuma, Washington Post, 18 Aug. 2022 As a part of the Regs, the IRS is reportedly working on introducing a brand new tax form called Form 1099-DA for exchanges to capture individual annual cryptocurrency activity subject to taxation. Shehan Chandrasekera, Forbes, 1 Aug. 2022 The agreement would have ushered in the most sweeping changes to global taxation in decades, including raising taxes on many large corporations and changing how technology companies are taxed. Alan Rappeport And Jim Tankersley, BostonGlobe.com, 19 July 2022 The agreement would have ushered in the most sweeping changes to global taxation in decades, including raising taxes on many large corporations and changing how technology companies are taxed. New York Times, 18 July 2022 Many interpreted the Renaissance album cover as both a reference to the historical Lady Godiva — who rode a horse nude in opposition to taxation — and the night Bianca Jagger famously climbed atop a horse at the Studio 54 nightclub in 1977. Joey Nolfi, EW.com, 5 July 2022 Lawyers for seven Morgan County residents contend in a court filing dated Tuesday that the Morgan board erred in granting its approval, and that deal isn’t a usufruct but another type of lease that would be subject to full taxation. J. Scott Trubey, ajc, 23 June 2022 The second would strike a provision in the city’s charter that could be interpreted as a ban on charter amendments related to taxation. Emily Opilo, Baltimore Sun, 21 June 2022 See More

Word History

First Known Use

14th century, in the meaning defined at sense 1

Time Traveler
The first known use of taxation was in the 14th century

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