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Noun: taxation  tak'sey-shun
  1. The imposition of taxes; the practice of the government in levying taxes on the subjects of a state
    "The new taxation policy aimed to increase revenue for public services"
     
  2. Government income due to taxation
    "The city's taxation revenue fell short of projections";
    - tax income, tax revenue, revenue
     
  3. Charge against a citizen's person, property or activity for the support of government
    "The new taxation was introduced to fund public infrastructure projects";
    - tax, revenue enhancement

Derived forms: taxations

Type of: government income, government revenue, imposition, infliction, levy

Encyclopedia: Taxation