taxation
FORMAL
tax‧a‧tion /tækˈseɪʃən/ noun [uncountable]
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English Dictionarytax‧a‧tion /tækˈseɪʃ
ən/
noun [uncountable] formal [
Word Family: noun:
tax,
taxation;
adjective:
taxable,
taxing;
verb:
tax]
1. the system of charging taxes:
the government’s economic and taxation policydirect taxation (=tax on income)indirect taxation (=tax on things you buy)2. money collected from taxes:
higher levels of taxation [TahlilGaran] Dictionary of Contemporary English ▲
Collocationstaxation noun ADJ. excessive, heavy, high the heavy taxation on smokers and drinkers
low | direct, indirect | progressive, redistributive | company, corporate, general, local, personal changes in corporate taxation QUANT. level, rate a promise to lower the overall level of taxation VERB + TAXATION increase, put up, raise If the government raises direct taxation, it will lose votes.
cut, lower, reduce | avoid | be exempt from Any profits made are totally exempt from taxation. TAXATION + NOUN policy, system | rate PREP. after/before ~ The loss before taxation was $2.7 million.
from/out of ~ The hospital was funded from taxation.
through ~ the power to raise funds through taxation
~ on increased taxation on oil companies PHRASES the burden of taxation reducing the heavy burden of taxation on the wealthy
a form of taxation The poll tax was a very unpopular form of taxation.
for taxation purposes They were treated as a married couple for taxation purposes. [TahlilGaran] Collocations Dictionary ▲