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
Stay Ahead Of Regulatory Changes New tariffs, taxation policies, and import/export restrictions could reshape art transactions.
—
Matthew F. Erskine, Forbes, 3 Mar. 2025
Trump wants to exempt tip income and overtime pay from taxation, and loosen a cap on the deductibility of state and local taxes.
—Axios, 27 Feb. 2025
But physical gold has some unique characteristics in terms of taxation.
—Kat Tretina, Sacramento Bee, 26 Feb. 2025
The first would be to remove the present exemption that the Chinese government enjoys from taxation of portfolio investment income.
—Alex Raskolnikov, Foreign Affairs, 19 Feb. 2025
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Matthew F. Erskine, Forbes, 3 Mar. 2025
Trump wants to exempt tip income and overtime pay from taxation, and loosen a cap on the deductibility of state and local taxes.
—Axios, 27 Feb. 2025
But physical gold has some unique characteristics in terms of taxation.
—Kat Tretina, Sacramento Bee, 26 Feb. 2025
The first would be to remove the present exemption that the Chinese government enjoys from taxation of portfolio investment income.
—Alex Raskolnikov, Foreign Affairs, 19 Feb. 2025
See All Example Sentences for taxation
Cite this Entry
“Taxation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/taxation. Accessed 9 Mar. 2025.
Copy CitationKids Definition
taxation
noun
tax·a·tion
tak-ˈsā-shən
: the action of taxing
especially
: the establishing of taxes
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