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tax definition

tax (taks)

transitive verb

  1. Obsolete to determine the value of; assess
    1. to require to pay a percentage of income, property value, etc. for the support of a government
    2. to require to pay a special assessment, as in a society, labor union, etc.
  3. to assess a tax on (income, property, purchases, etc.)
  4. to impose a burden on; put a strain on to tax one's strength
  5. to accuse; charge to be taxed with negligence

Etymology: ME taxen < MFr taxer, to tax < L taxare, to appraise, tax, censure < base of tangere, to touch (see tact): used interchangeably with tasken (see task) in ME

noun

    1. a compulsory payment, usually a percentage, levied on income, property value, sales price, etc. for the support of a government
    2. a special assessment, as in a society, labor union, etc.
  2. a heavy demand; burden; strain

Etymology: ME

Related Forms:

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Alternate definitions:

business tax definition - business

idioms tax idiom

law tax definition - legal

tax Synonyms

tax

n.

  1. A pecuniary levy

    fine, charge, rate, obligation, price, cost, contribution, expense; see also dues.

    Antonyms discount*, interest*, allowance. *

    Taxes include: processing tax, assessment tax, toll, excise, custom, levy, impost, duty, revenue tax, tariff, tribute, dues, capital gains, capitation, tithe, towage, salvage, wharfage, brokerage, freightage, poll tax, income tax, sales tax, property tax, excise tax, inheritance tax, cigarette tax, meals tax, gift tax, estate tax, gasoline tax, luxury tax, county tax, city tax, state tax, federal tax, excess-profit tax, surtax, corporation tax, single tax.

  2. A burden

    strain, task, difficulty, imposition, demand; see also burden 2.


tax

v.

  1. To cause to pay a tax

    assess, exact from, demand, lay an impost, exact tribute, charge duty, demand toll, require a contribution, enact a tax; see also require 2.

  2. To accuse

    censure, charge, tax with, reprove, reproach; see also accuse.

  3. To burden

    encumber, weigh down, overload; see burden.


Webster's New World Roget's A-Z Thesaurus Copyright © 1999 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

tax Usage Examples

Converse of object

  • deduct: In the past, any charitable giving required companies to deduct tax from the gift, which the charities then had to claim back.

Preposition: on

  • dividend: The United Kingdom is remarkable in not imposing any withholding tax on dividends distributed by companies to UK non-resident shareholders.

Adjective modifier

  • regressive: Progressive tax | | | Regressive tax | | | Are the following taxes progressive or regressive?

Modifies a noun

  • credit: Tax credits are normally paid into a bank or building society account, or a Post Office card account.

Noun used with modifier

  • inheritance: There is no inheritance tax payable on assets left to spouses.
tax usage examples (more)

The word usage examples above have been gathered from various sources to reflect current and historical usage. They do not represent the opinions of YourDictionary.com.

tax quotes

Bats have no bankers and they do not drink and cannot be arrested and pay no tax and, in general, bats have it made.

-Berryman,John originally John Allyn Smith

Excise. A hateful tax levied upon commodities.

-Johnson, Samuel known as Dr Johnson

Given that the deepest problem with the US economy is slow productivity growth, it is difficult to argue for tax increasesthat might reduceincentives† Thereseemsto Kuhn be a public consensus that Donald Trump is the price of progress.

-Krugman, Paul R

tax quotes (more)

Webster's New World Dictionary of Quotations Copyright © 2005 by Chambers Harrap Publishers Ltd. All rights reserved. Published by Wiley, Hoboken, NJ. Used by arrangement with John Wiley & Sons, Inc.

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"tax." Webster's New World College Dictionary. 2009

  • Your Dictionary. 3 July 2009
  • <www.yourdictionary.com/tax>

APA Style

tax. (2009). In Webster's New World College Dictionary

  • Retrieved July 3rd, 2009, from www.yourdictionary.com/tax

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