Tax

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Revision as of 12:41, 22 November 2014 by imported>Doug Williamson (Updated entry. Source ACT Glossary of terms)
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Tax and treasury.

1.

Compulsory financial contribution imposed by a government to raise revenue.

Levied on the income or property of persons or organisations, on the sale price of many goods and services and on certain other transactions.


2.

To levy a tax.


See also