tax
IPA: tˈæks
noun
- Money paid to the government other than for transaction-specific goods and services.
- (figurative, uncountable) A burdensome demand.
- A task exacted from one who is under control; a contribution or service, the rendering of which is imposed upon a subject.
- (obsolete) charge; censure
verb
- (transitive) To impose and collect a tax from (a person or company).
- (transitive) To impose and collect a tax on (something).
- (transitive) To make excessive demands on.
- (transitive) To accuse.
- (transitive) To examine accounts in order to allow or disallow items.
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Examples of "tax" in Sentences
- The government collects taxes from businesses and individuals to fund public services and infrastructure
- Filing taxes can be a stressful process, but it is necessary to comply with the law
- Many people try to find deductions and credits to lower their tax bill each year
- Some countries have higher tax rates than others, leading to discussions about tax policy and fairness
- Tax evasion is illegal and can result in significant fines or penalties
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