Longman Dictionary of Contemporary English homepage

taxation

 noun
     
Related topics: Tax
tax‧a‧tion W3 [uncountable] formal
1PET the system of charging taxes:
the government's economic and taxation policy
direct taxation (=tax on income)
indirect taxation (=tax on things you buy)
2PET money collected from taxes:
higher levels of taxation
Definition from the Longman Dictionary of Contemporary English
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