tax
Mandatory government payment
Tax is money that governments require people and businesses to pay, calculated as a portion of income, property value, or the price of goods and services.
Taxes fund public services like roads, schools, and defense.
The verb tax means to impose such a levy: The state taxes cigarettes heavily.
Beyond money, tax extends to anything that strains or burdens: The climb taxed his endurance.
If you tax someone with something, you accuse them of it, though this use is somewhat formal and old-fashioned.
Compulsory government charge
- IRSFederal tax collector
- filingStoring documents systematically
- returnGo back again
- refundMoney returned after purchase
withholding · deduction · exemption · bracket · audit · compliance · penalty · evasion
Regular monetary receipts
- propertySomething owned or inherent
- salesRevenue from goods moved
- estateProperty and grounds
- payrollStaff wages collectively
corporate · inheritance · gift · excise · value-added · VAT · GST · wealth
Tax on traded goods
- dutyRequired moral task
- customsTraditional practices or import taxes
- importObtain from overseas
- exportForeign-bound sale
protectionism · quota · duty-free · impost · border · smuggling · GATT · WTO
Legal or financial obligation
- obligationRequired task or commitment
- billAmount owed, written
- assessmentFormal evaluation of worth
- arrearsOverdue financial obligations
lien · garnishment · encumbrance · debt · hardship · strain · pressure · imposition
Gathered set of items
- treasuryStored organizational funds
- budgetPlan for spending
- fundingSupplying monetary resources
- receiptsTransaction documentation
exchequer · allocation · appropriation · coffers · fiscal · deficit · surplus · spending
Estimation of worth
- valuationAssessment of monetary worth
- assessorOne who estimates value
- millageTax rate per thousand
- appealFormal review request
exemption · homestead · parcel · reassessment · equalization · cadastral
levy
Compulsory government charge
refund · withholding · deduction · exemption · bracket · audit · compliance · penalty · evasion · avoidance
income
Regular monetary receipts
payroll · corporate · inheritance · gift · excise · value-added · VAT · GST · wealth · flat
tariff
Tax on traded goods
export · protectionism · quota · duty-free · impost · border · smuggling · GATT · WTO · embargo
liability
Legal or financial obligation
- obligationRequired task or commitment
- billAmount owed, written
- assessmentFormal evaluation of worth
arrears · lien · garnishment · encumbrance · debt · hardship · strain · pressure · imposition · exaction
collection
Gathered set of items
receipts · exchequer · allocation · appropriation · coffers · fiscal · deficit · surplus · spending · expenditure
appraisal
Estimation of worth
appeal · exemption · homestead · parcel · reassessment · equalization · cadastral
accountant
Financial records keeper
attorney · bookkeeper · auditor · consultant · planner · TurboTax · firm · practice
- expensesexpenses, expense, expenditure, cost, costs
- financial termswealth, asset, currency, balance sheet, audit
- medieval societyserfs, noble lineage, peasants, serf, heir
- money termscash, credit, debt, income, wages
- online shoppingAmazon, cart, checkout, e-commerce, Walmart
- taxeswithholding, VAT, GST, customs duty, FICA
- income taxGovernment charge on earnings
- tax returnIncome declaration to government
- sales taxGovernment percentage on purchases
- income taxesGovernment's share of earnings
- tax cutLegislated decrease in levy
- tax refundReturned excess withholding
taxing, taxed, taxes, taxation, overtaxed, overtax, taxable, untaxed, taxman