Tax

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Revision as of 16:17, 17 March 2022 by imported>Doug Williamson (Add link.)
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Tax and treasury.

1. Noun.

A 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.

Examples include Corporation Tax, Value Added Tax and customs duty.


2. Verb.

To levy a tax.


See also