internal revenue

Government income collection

Internal revenue is income a government collects from sources within its own borders—primarily taxes on income, sales, and property.

The term distinguishes domestic taxation from customs duties on imports.

In the United States, the Internal Revenue Service (IRS) administers federal tax collection: The Internal Revenue Code governs how much you owe.

Opposites
source of government revenue

internal revenuecustoms

Traditional practices or import taxes

tariffs · import duties · customs duties · border taxes · export duties

flow direction

internal revenuegovernment expenditure

Funds disbursed by authorities

public spending · appropriations · disbursements

Family

internal, revenue, intern, internals, internally, internalize, internalized, internalizing, internalization

Familiarity
Top 200,000
Profile
Mostly American · Timeless · Abstract · Negative · Rated G