taxation

noun

tax·​a·​tion tak-ˈsā-shən 

1

: the action of taxing

especially : the imposition of taxes

2

: revenue obtained from taxes

3

: the amount assessed as a tax

Examples of taxation in a Sentence

the federal right of taxation

Recent Examples on the Web

This taxpayer watchdog group scored California third-worst for business taxation. —Jonathan Lansner, Orange County Register, 14 Nov. 2024

Specifically, her plans to reform the taxation of capital gains have alarmed more than a few wealthy (and excitable) taxpayers. —Joseph Thorndike, Forbes, 4 Nov. 2024

But the taxation of tips has been the subject of a lot of debate for a long time, mostly because policymakers thought that tipped workers were skipping out on their real tax burden. —Tax Notes Staff, Forbes, 5 Nov. 2024

Entrepreneurs have been warning of a possible exodus of talent from the U.K. in response to the government’s controversial taxation changes. —Ryan Browne, CNBC, 31 Oct. 2024

Word History

First Known Use

14th century, in the meaning defined at sense 1

Kids Definition

taxation

noun

tax·​a·​tion tak-ˈsā-shən 

: the action of taxing

especially : the establishing of taxes

Legal Definition

taxation

noun

tax·​a·​tion

1

: the action of taxing: as

a

: the imposition of taxes

b

: the judicial determination of costs

2

a

: revenue obtained from taxes

b

: the amount assessed as a tax

3

: a particular system of taxing

progressive taxation