Definition of tax in English:

tax

noun takstæks

1A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
higher taxes will dampen consumer spending
a tax on fuel
mass noun they will have to pay tax on interest earned by savings
as modifier a tax bill
as modifier tax cuts
Example sentencesExamples
- There is nothing in the Constitution to prevent the States collecting their own income taxes (or taxes on services).
- It would have replaced the corporate income tax with a tax on the net return to capital for all businesses.
- More than two-thirds of those surveyed said higher-income workers should pay tax on all their wages.
- Second, lower prices for gasoline and other fuels are acting like a giant tax cut for both consumers and businesses.
- Corporations often negotiate down their tax liability in disputed transactions.
- Both opposed income taxes, excise taxes, and taxes on wealth in general.
- The revenue from a tax on oil companies would then be passed directly to the motorist through cuts in fuel duty.
- Under the current method rates are increasingly becoming a wealth tax or a tax on assets held in the form of land.
- The general property tax was thus a tax on rent of land and the interest from its associated capital.
- So you will not have to pay tax on the expenses that are reimbursed to you, and the company will be able to allow the costs against its tax.
- Thus a tax on rent may represent a violation of justice while a tax on other incomes does not.
- The empirical results indicate that a tax cut produces revenue and incentives to save.
- Reliable means exist to project the potential revenue of existing taxes in this business cycle.
- Clearly, lower taxes reinforced the spending splurge that generated the explosion in indirect tax receipts allowing taxes to be cut further.
- The administration established tariffs, which amounts to a tax on all consumers of steel.
- In short, the income tax was not initially a tax on wages, nor on the working class.
- Increase the progressivity of the federal income tax, and finance Medicare through increased sin taxes, gas taxes, and general revenue.
- A carbon tax is a tax on the use of energy.
- All local governments in Kenya have taxing authority, including the right to levy a tax on property.
- Doing so will decrease their total tax bill on personal income when compared to reasonable salary levels.
Synonyms
levy, tariff, duty, toll, excise, impost, contribution, assessment, tribute, tithe, charge, fee
liability
customs, dues
Scottish, Irish, &amp Indian cess
2in singular A strain or heavy demand.
a heavy tax on the reader's attention
Example sentencesExamples
- The only tax on the reader's mind is to remember as many facts as possible.
Synonyms
burden, load, weight, encumbrance, demand, strain, pressure, stress, drain, imposition
responsibility, duty, onus, obligation, care, worry

verb takstæks

[with object]

1Impose a tax on (someone or something)
the income will be taxed at the top rate
Example sentencesExamples
- At present, land is taxed at a higher rate than improvements only in the counties of Hawaii and Kauai.
- Otherwise the profits are taxed at the full rate.
- Under current law, such withdrawals are taxed at the student's tax rate.
- I'd venture to guess that every form of income is taxed at least twice, and maybe three or four times.
- At the end of five years, only interest earned and capital gains are taxed at 23 per cent, in line with the tax treatment of other investment funds.
- Interest income and short-term capital gains are still taxed at rates up to 35%.
- Profits from unincorporated businesses are taxed at 15 percent.
- If one partner leaves the other his estate, it is taxed at the full death tax rate.
- This can represent a significant tax saving, compared with an ordinary share option scheme where the option is generally exempt, but the gain is taxed at income tax rates.
- Dividends are taxed at your ordinary income tax rate.
- If your fund is worth more than the limit you could in future be taxed at 25% of the excess taken as income, or 55% on a lump sum.
- When you invest corporately, your earnings are initially taxed at very high rates.
- In companies like ours, the profit is taxed at the corporation rate.
- Your taxable lump sum is taxed at your marginal rate of tax, either 20 per cent or 42 per cent.
- All the business' earnings and profits are taxed at the personal level of the shareholders/owners.
- In Ireland, a capital gain is generally taxed at 20 per cent, with the first £1,000 being exempt.
- Chip sales are taxed at 17 per cent in China, but local manufacturers can claim up to 14 per cent of the levy back.
- Owners of second homes who do not live permanently on the island are taxed at £2,060 a year for houses of up to 2,153 sq ft within two miles of the shore.
- I am a full-time engineering student and even my part-time work at a local supermarket is taxed at 50 per cent.
- My understanding is that I am then taxed at my marginal rate of income tax on any capital gain.
Synonyms
levy a tax on, impose a toll on, charge duty on, exact a tax on, demand a tax on
assess, charge, tithe
rare mulct
1. 1.1 Pay tax on (something, especially a vehicle)
  the Land Rover slowly disintegrates and no one has bothered to tax it
  Example sentencesExamples
  More than 15,000 motorists in the Bradford area face tough fines and even having their vehicles crushed if they fail to tax their cars and lorries.
  Are all the Mayo players' cars taxed and insured fully?
  It costs €42 a year to tax one and it is also exempt from the national car test.
  The cars are neither taxed or roadworthy but often evade Police detection as they are not stolen.
  The bikes will be road registered, taxed and insured and new bikes have to comply with strict emissions and noise regulations.
  Then we have the classic of all laws: that cars have to be insured and taxed, and pass MoTs.
  The fact is, for under £100 they got three cars, fully tested and taxed, that got them to Manchester and back.
  Then to top it all, my son who works hard, stays off the street corners and is a responsible adult, paid for a car, taxed and insured it and then mindless vandals covered his beloved car with eggs and flour and let the tyres down.
  A menacing voiceover says that some people don't bother to tax their car, but that that never hurt anyone, right?
  The cameras are not only linked to the police national computer, but also to the DVLA database, which allows officers to identify vehicles that are not registered or taxed.
  A good number of cyclists of my acquaintance have fully taxed, insured and MOT'd cars on their drives.
  His car was not insured, not taxed and did not have an MoT certificate.
  He had not passed his test, never had a driving lesson and the car was not Mot'd, taxed or insured.
  The solution is simply to tax and MoT your car this month before you leave for Spain.
  You might end up having to pay a fine for not having your car properly taxed, and then you might reverse into somebody else's car.
  We are urging the people of Darwen to get their cars taxed and save themselves the expense of clamping.
  Motorists from Athy are also forced to drive to Naas to have their cars taxed as the only motor tax registration office for the county is also based in the county town.
  There is only one timetabling problem for the arrangements - if Mr Bullock lives another year he may not be able to afford to tax or insure the bus.
  She's had her home phone cut off, she has lost her car because she can't afford to tax and insure it and she struggles to put food on the table for her kids.
  He claims youngsters wearing baseball caps instead of helmets race around towards Brooklands Lake on bikes which are not road-worthy, insured or taxed.
2Make heavy demands on (someone's powers or resources)
she knew that the ordeal to come must tax all her strength
Example sentencesExamples
- Radeschi said the community's resources have been taxed by dealing with troubled youth.
- You will definitely have to earn it, though, because I will often tax every physical and mental resource that you possess.
- The problem of what to do with clapped-out electronic equipment continues to tax the EU's best minds.
- With resources taxed and false rumors howling, misinformation was rarely spread by the news media.
- The need to properly categorize, inventory and secure the massive number of garments and shoes must have taxed their resources and creativity.
- The transition to a 3D world certainly taxes the Xbox's power but the game world is particularly vacuous.
- And director Jasper Bagg takes on the title role with energy and commitment, though sometimes its sheer weight seems to be taxing his powers to the limit.
- His battle with nature will end up taxing all his resourcefulness and overturning his usual elegance.
- Second, the solution did not tax an already overburdened division transportation resource.
- I am not condoning corporal punishment but some sympathy must go out to the teacher whose patience must have been taxed to the limit and which seems to have snapped.
- The influx of refugees and displaced persons taxed the already stretched resources of States.
- Suffice to say, China will tax both the group's idealism and its stamina.
Synonyms
strain, stretch, put a strain on, make demands on, weigh heavily on, weigh down
burden, load, overload, encumber, push, push too far
overwhelm, try, task, wear out, exhaust, sap, drain, empty, enervate, fatigue, tire, weary, weaken, overwork
3Confront (someone) with a fault or wrongdoing.
why are you taxing me with these preposterous allegations?
Example sentencesExamples
- Tax me with my crimes!
Synonyms
confront, accuse, call to account, charge, blame, censure, condemn, denounce
prosecute, bring charges against, indict, arraign, incriminate
North American impeach
informal point the finger at
4Law
Examine and assess (the costs of a case)
an officer taxing a bill of costs
Example sentencesExamples
- The applicant is to pay the costs of the respondent of the summons on an indemnity basis, such costs to be taxed forthwith.
- It was decided to do this by ordering those costs to be taxed on the indemnity basis.
- It was not the case for either side that I should split the issue into parts and so resolve the position, nor was it the case that I should attempt to tax or assess the costs.
- Where the outcome of the Legal Proceedings is not a Success the Insurer shall have the right to have the Insured's Solicitor's bills taxed or assessed on the standard basis.
- Pursuant to that order the defendants taxed their costs and applied for payment, despite the fact that the action had not been determined.

Derivatives

taxer

noun

For a Chancellor uniquely sensitive to barbs about his reputation as a stealth taxer, this is not an academic point.
Example sentencesExamples
- Conventional wisdom has socialists down as high taxers and big spenders.
- Tucker, seeing in the single tax nothing but ‘robbery,’ characterized the single taxers as future ‘inquisitors.’
- But isn't it in the interest of both the taxers and the taxed (you and me) to conclude longer-term deals, achieving some durability in our tax system?
- Let us be clear that we owe this not to the taxers but to the creators, not to those who live off others but to those who make their own way and dedicate themselves to the improvement of humankind.

taxless

adjective

Origin

Middle English (also in the sense 'estimate or determine the amount of a penalty or damages', surviving in sense 4 of the verb): from Old French taxer, from Latin taxare 'to censure, charge, compute', perhaps from Greek tassein 'fix'.

Tax and task—the earliest sense of which was to impose a tax on—both go back to Latin taxare ‘to censure, charge, compute’. Task in the general sense ‘something that has to be done’ is found from the late 16th century.

Rhymes

axe (US ax), Backs, Bax, fax, flax, lax, max, pax, Sachs, sax, saxe, wax

Definition of tax in US English:

tax

nountækstaks

1A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Example sentencesExamples
- Corporations often negotiate down their tax liability in disputed transactions.
- Thus a tax on rent may represent a violation of justice while a tax on other incomes does not.
- Doing so will decrease their total tax bill on personal income when compared to reasonable salary levels.
- A carbon tax is a tax on the use of energy.
- So you will not have to pay tax on the expenses that are reimbursed to you, and the company will be able to allow the costs against its tax.
- Second, lower prices for gasoline and other fuels are acting like a giant tax cut for both consumers and businesses.
- In short, the income tax was not initially a tax on wages, nor on the working class.
- Both opposed income taxes, excise taxes, and taxes on wealth in general.
- All local governments in Kenya have taxing authority, including the right to levy a tax on property.
- Reliable means exist to project the potential revenue of existing taxes in this business cycle.
- The empirical results indicate that a tax cut produces revenue and incentives to save.
- Under the current method rates are increasingly becoming a wealth tax or a tax on assets held in the form of land.
- The revenue from a tax on oil companies would then be passed directly to the motorist through cuts in fuel duty.
- More than two-thirds of those surveyed said higher-income workers should pay tax on all their wages.
- There is nothing in the Constitution to prevent the States collecting their own income taxes (or taxes on services).
- The administration established tariffs, which amounts to a tax on all consumers of steel.
- Clearly, lower taxes reinforced the spending splurge that generated the explosion in indirect tax receipts allowing taxes to be cut further.
- The general property tax was thus a tax on rent of land and the interest from its associated capital.
- It would have replaced the corporate income tax with a tax on the net return to capital for all businesses.
- Increase the progressivity of the federal income tax, and finance Medicare through increased sin taxes, gas taxes, and general revenue.
Synonyms
levy, tariff, duty, toll, excise, impost, contribution, assessment, tribute, tithe, charge, fee
2in singular A strain or heavy demand.
a heavy tax on the reader's attention
Example sentencesExamples
- The only tax on the reader's mind is to remember as many facts as possible.
Synonyms
burden, load, weight, encumbrance, demand, strain, pressure, stress, drain, imposition

verbtækstaks

[with object]

1Impose a tax on (someone or something)
hardware and software is taxed at 7.5 percent
Example sentencesExamples
- Your taxable lump sum is taxed at your marginal rate of tax, either 20 per cent or 42 per cent.
- Under current law, such withdrawals are taxed at the student's tax rate.
- Profits from unincorporated businesses are taxed at 15 percent.
- My understanding is that I am then taxed at my marginal rate of income tax on any capital gain.
- This can represent a significant tax saving, compared with an ordinary share option scheme where the option is generally exempt, but the gain is taxed at income tax rates.
- If one partner leaves the other his estate, it is taxed at the full death tax rate.
- At the end of five years, only interest earned and capital gains are taxed at 23 per cent, in line with the tax treatment of other investment funds.
- In Ireland, a capital gain is generally taxed at 20 per cent, with the first £1,000 being exempt.
- At present, land is taxed at a higher rate than improvements only in the counties of Hawaii and Kauai.
- I am a full-time engineering student and even my part-time work at a local supermarket is taxed at 50 per cent.
- Dividends are taxed at your ordinary income tax rate.
- Owners of second homes who do not live permanently on the island are taxed at £2,060 a year for houses of up to 2,153 sq ft within two miles of the shore.
- Otherwise the profits are taxed at the full rate.
- In companies like ours, the profit is taxed at the corporation rate.
- If your fund is worth more than the limit you could in future be taxed at 25% of the excess taken as income, or 55% on a lump sum.
- Interest income and short-term capital gains are still taxed at rates up to 35%.
- All the business' earnings and profits are taxed at the personal level of the shareholders/owners.
- When you invest corporately, your earnings are initially taxed at very high rates.
- I'd venture to guess that every form of income is taxed at least twice, and maybe three or four times.
- Chip sales are taxed at 17 per cent in China, but local manufacturers can claim up to 14 per cent of the levy back.
Synonyms
levy a tax on, impose a toll on, charge duty on, exact a tax on, demand a tax on
2Make heavy demands on (someone's powers or resources)
she knew that the ordeal to come would tax all her strength
Example sentencesExamples
- His battle with nature will end up taxing all his resourcefulness and overturning his usual elegance.
- With resources taxed and false rumors howling, misinformation was rarely spread by the news media.
- You will definitely have to earn it, though, because I will often tax every physical and mental resource that you possess.
- The need to properly categorize, inventory and secure the massive number of garments and shoes must have taxed their resources and creativity.
- The transition to a 3D world certainly taxes the Xbox's power but the game world is particularly vacuous.
- The influx of refugees and displaced persons taxed the already stretched resources of States.
- Second, the solution did not tax an already overburdened division transportation resource.
- Suffice to say, China will tax both the group's idealism and its stamina.
- And director Jasper Bagg takes on the title role with energy and commitment, though sometimes its sheer weight seems to be taxing his powers to the limit.
- The problem of what to do with clapped-out electronic equipment continues to tax the EU's best minds.
- I am not condoning corporal punishment but some sympathy must go out to the teacher whose patience must have been taxed to the limit and which seems to have snapped.
- Radeschi said the community's resources have been taxed by dealing with troubled youth.
Synonyms
strain, stretch, put a strain on, make demands on, weigh heavily on, weigh down
3Confront (someone) with a fault or wrongdoing.
why are you taxing me with these preposterous allegations?
Example sentencesExamples
- Tax me with my crimes!
Synonyms
confront, accuse, call to account, charge, blame, censure, condemn, denounce
4Law
Examine and assess (the costs of a case).
Example sentencesExamples
- It was not the case for either side that I should split the issue into parts and so resolve the position, nor was it the case that I should attempt to tax or assess the costs.
- Where the outcome of the Legal Proceedings is not a Success the Insurer shall have the right to have the Insured's Solicitor's bills taxed or assessed on the standard basis.
- The applicant is to pay the costs of the respondent of the summons on an indemnity basis, such costs to be taxed forthwith.
- Pursuant to that order the defendants taxed their costs and applied for payment, despite the fact that the action had not been determined.
- It was decided to do this by ordering those costs to be taxed on the indemnity basis.

Origin

Middle English (also in the sense ‘estimate or determine the amount of a penalty or damages’, surviving in tax (sense 4 of the verb)): from Old French taxer, from Latin taxare ‘to censure, charge, compute’, perhaps from Greek tassein ‘fix’.

单词	tax
释义	Definition of tax in English: tax noun takstæks 1A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions. higher taxes will dampen consumer spending a tax on fuel mass noun they will have to pay tax on interest earned by savings as modifier a tax bill as modifier tax cuts Example sentencesExamples There is nothing in the Constitution to prevent the States collecting their own income taxes (or taxes on services). It would have replaced the corporate income tax with a tax on the net return to capital for all businesses. More than two-thirds of those surveyed said higher-income workers should pay tax on all their wages. Second, lower prices for gasoline and other fuels are acting like a giant tax cut for both consumers and businesses. Corporations often negotiate down their tax liability in disputed transactions. Both opposed income taxes, excise taxes, and taxes on wealth in general. The revenue from a tax on oil companies would then be passed directly to the motorist through cuts in fuel duty. Under the current method rates are increasingly becoming a wealth tax or a tax on assets held in the form of land. The general property tax was thus a tax on rent of land and the interest from its associated capital. So you will not have to pay tax on the expenses that are reimbursed to you, and the company will be able to allow the costs against its tax. Thus a tax on rent may represent a violation of justice while a tax on other incomes does not. The empirical results indicate that a tax cut produces revenue and incentives to save. Reliable means exist to project the potential revenue of existing taxes in this business cycle. Clearly, lower taxes reinforced the spending splurge that generated the explosion in indirect tax receipts allowing taxes to be cut further. The administration established tariffs, which amounts to a tax on all consumers of steel. In short, the income tax was not initially a tax on wages, nor on the working class. Increase the progressivity of the federal income tax, and finance Medicare through increased sin taxes, gas taxes, and general revenue. A carbon tax is a tax on the use of energy. All local governments in Kenya have taxing authority, including the right to levy a tax on property. Doing so will decrease their total tax bill on personal income when compared to reasonable salary levels. Synonyms levy, tariff, duty, toll, excise, impost, contribution, assessment, tribute, tithe, charge, fee liability customs, dues Scottish, Irish, &amp Indian cess 2in singular A strain or heavy demand. a heavy tax on the reader's attention Example sentencesExamples The only tax on the reader's mind is to remember as many facts as possible. Synonyms burden, load, weight, encumbrance, demand, strain, pressure, stress, drain, imposition responsibility, duty, onus, obligation, care, worry verb takstæks [with object] 1Impose a tax on (someone or something) the income will be taxed at the top rate Example sentencesExamples At present, land is taxed at a higher rate than improvements only in the counties of Hawaii and Kauai. Otherwise the profits are taxed at the full rate. Under current law, such withdrawals are taxed at the student's tax rate. I'd venture to guess that every form of income is taxed at least twice, and maybe three or four times. At the end of five years, only interest earned and capital gains are taxed at 23 per cent, in line with the tax treatment of other investment funds. Interest income and short-term capital gains are still taxed at rates up to 35%. Profits from unincorporated businesses are taxed at 15 percent. If one partner leaves the other his estate, it is taxed at the full death tax rate. This can represent a significant tax saving, compared with an ordinary share option scheme where the option is generally exempt, but the gain is taxed at income tax rates. Dividends are taxed at your ordinary income tax rate. If your fund is worth more than the limit you could in future be taxed at 25% of the excess taken as income, or 55% on a lump sum. When you invest corporately, your earnings are initially taxed at very high rates. In companies like ours, the profit is taxed at the corporation rate. Your taxable lump sum is taxed at your marginal rate of tax, either 20 per cent or 42 per cent. All the business' earnings and profits are taxed at the personal level of the shareholders/owners. In Ireland, a capital gain is generally taxed at 20 per cent, with the first £1,000 being exempt. Chip sales are taxed at 17 per cent in China, but local manufacturers can claim up to 14 per cent of the levy back. Owners of second homes who do not live permanently on the island are taxed at £2,060 a year for houses of up to 2,153 sq ft within two miles of the shore. I am a full-time engineering student and even my part-time work at a local supermarket is taxed at 50 per cent. My understanding is that I am then taxed at my marginal rate of income tax on any capital gain. Synonyms levy a tax on, impose a toll on, charge duty on, exact a tax on, demand a tax on assess, charge, tithe rare mulct 1.1 Pay tax on (something, especially a vehicle) the Land Rover slowly disintegrates and no one has bothered to tax it Example sentencesExamples More than 15,000 motorists in the Bradford area face tough fines and even having their vehicles crushed if they fail to tax their cars and lorries. Are all the Mayo players' cars taxed and insured fully? It costs €42 a year to tax one and it is also exempt from the national car test. The cars are neither taxed or roadworthy but often evade Police detection as they are not stolen. The bikes will be road registered, taxed and insured and new bikes have to comply with strict emissions and noise regulations. Then we have the classic of all laws: that cars have to be insured and taxed, and pass MoTs. The fact is, for under £100 they got three cars, fully tested and taxed, that got them to Manchester and back. Then to top it all, my son who works hard, stays off the street corners and is a responsible adult, paid for a car, taxed and insured it and then mindless vandals covered his beloved car with eggs and flour and let the tyres down. A menacing voiceover says that some people don't bother to tax their car, but that that never hurt anyone, right? The cameras are not only linked to the police national computer, but also to the DVLA database, which allows officers to identify vehicles that are not registered or taxed. A good number of cyclists of my acquaintance have fully taxed, insured and MOT'd cars on their drives. His car was not insured, not taxed and did not have an MoT certificate. He had not passed his test, never had a driving lesson and the car was not Mot'd, taxed or insured. The solution is simply to tax and MoT your car this month before you leave for Spain. You might end up having to pay a fine for not having your car properly taxed, and then you might reverse into somebody else's car. We are urging the people of Darwen to get their cars taxed and save themselves the expense of clamping. Motorists from Athy are also forced to drive to Naas to have their cars taxed as the only motor tax registration office for the county is also based in the county town. There is only one timetabling problem for the arrangements - if Mr Bullock lives another year he may not be able to afford to tax or insure the bus. She's had her home phone cut off, she has lost her car because she can't afford to tax and insure it and she struggles to put food on the table for her kids. He claims youngsters wearing baseball caps instead of helmets race around towards Brooklands Lake on bikes which are not road-worthy, insured or taxed. 2Make heavy demands on (someone's powers or resources) she knew that the ordeal to come must tax all her strength Example sentencesExamples Radeschi said the community's resources have been taxed by dealing with troubled youth. You will definitely have to earn it, though, because I will often tax every physical and mental resource that you possess. The problem of what to do with clapped-out electronic equipment continues to tax the EU's best minds. With resources taxed and false rumors howling, misinformation was rarely spread by the news media. The need to properly categorize, inventory and secure the massive number of garments and shoes must have taxed their resources and creativity. The transition to a 3D world certainly taxes the Xbox's power but the game world is particularly vacuous. And director Jasper Bagg takes on the title role with energy and commitment, though sometimes its sheer weight seems to be taxing his powers to the limit. His battle with nature will end up taxing all his resourcefulness and overturning his usual elegance. Second, the solution did not tax an already overburdened division transportation resource. I am not condoning corporal punishment but some sympathy must go out to the teacher whose patience must have been taxed to the limit and which seems to have snapped. The influx of refugees and displaced persons taxed the already stretched resources of States. Suffice to say, China will tax both the group's idealism and its stamina. Synonyms strain, stretch, put a strain on, make demands on, weigh heavily on, weigh down burden, load, overload, encumber, push, push too far overwhelm, try, task, wear out, exhaust, sap, drain, empty, enervate, fatigue, tire, weary, weaken, overwork 3Confront (someone) with a fault or wrongdoing. why are you taxing me with these preposterous allegations? Example sentencesExamples Tax me with my crimes! Synonyms confront, accuse, call to account, charge, blame, censure, condemn, denounce prosecute, bring charges against, indict, arraign, incriminate North American impeach informal point the finger at 4Law Examine and assess (the costs of a case) an officer taxing a bill of costs Example sentencesExamples The applicant is to pay the costs of the respondent of the summons on an indemnity basis, such costs to be taxed forthwith. It was decided to do this by ordering those costs to be taxed on the indemnity basis. It was not the case for either side that I should split the issue into parts and so resolve the position, nor was it the case that I should attempt to tax or assess the costs. Where the outcome of the Legal Proceedings is not a Success the Insurer shall have the right to have the Insured's Solicitor's bills taxed or assessed on the standard basis. Pursuant to that order the defendants taxed their costs and applied for payment, despite the fact that the action had not been determined. Derivatives taxer noun For a Chancellor uniquely sensitive to barbs about his reputation as a stealth taxer, this is not an academic point. Example sentencesExamples Conventional wisdom has socialists down as high taxers and big spenders. Tucker, seeing in the single tax nothing but ‘robbery,’ characterized the single taxers as future ‘inquisitors.’ But isn't it in the interest of both the taxers and the taxed (you and me) to conclude longer-term deals, achieving some durability in our tax system? Let us be clear that we owe this not to the taxers but to the creators, not to those who live off others but to those who make their own way and dedicate themselves to the improvement of humankind. taxless adjective Origin Middle English (also in the sense 'estimate or determine the amount of a penalty or damages', surviving in sense 4 of the verb): from Old French taxer, from Latin taxare 'to censure, charge, compute', perhaps from Greek tassein 'fix'. Tax and task—the earliest sense of which was to impose a tax on—both go back to Latin taxare ‘to censure, charge, compute’. Task in the general sense ‘something that has to be done’ is found from the late 16th century. Rhymes axe (US ax), Backs, Bax, fax, flax, lax, max, pax, Sachs, sax, saxe, wax Definition of tax in US English: tax nountækstaks 1A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions. Example sentencesExamples Corporations often negotiate down their tax liability in disputed transactions. Thus a tax on rent may represent a violation of justice while a tax on other incomes does not. Doing so will decrease their total tax bill on personal income when compared to reasonable salary levels. A carbon tax is a tax on the use of energy. So you will not have to pay tax on the expenses that are reimbursed to you, and the company will be able to allow the costs against its tax. Second, lower prices for gasoline and other fuels are acting like a giant tax cut for both consumers and businesses. In short, the income tax was not initially a tax on wages, nor on the working class. Both opposed income taxes, excise taxes, and taxes on wealth in general. All local governments in Kenya have taxing authority, including the right to levy a tax on property. Reliable means exist to project the potential revenue of existing taxes in this business cycle. The empirical results indicate that a tax cut produces revenue and incentives to save. Under the current method rates are increasingly becoming a wealth tax or a tax on assets held in the form of land. The revenue from a tax on oil companies would then be passed directly to the motorist through cuts in fuel duty. More than two-thirds of those surveyed said higher-income workers should pay tax on all their wages. There is nothing in the Constitution to prevent the States collecting their own income taxes (or taxes on services). The administration established tariffs, which amounts to a tax on all consumers of steel. Clearly, lower taxes reinforced the spending splurge that generated the explosion in indirect tax receipts allowing taxes to be cut further. The general property tax was thus a tax on rent of land and the interest from its associated capital. It would have replaced the corporate income tax with a tax on the net return to capital for all businesses. Increase the progressivity of the federal income tax, and finance Medicare through increased sin taxes, gas taxes, and general revenue. Synonyms levy, tariff, duty, toll, excise, impost, contribution, assessment, tribute, tithe, charge, fee 2in singular A strain or heavy demand. a heavy tax on the reader's attention Example sentencesExamples The only tax on the reader's mind is to remember as many facts as possible. Synonyms burden, load, weight, encumbrance, demand, strain, pressure, stress, drain, imposition verbtækstaks [with object] 1Impose a tax on (someone or something) hardware and software is taxed at 7.5 percent Example sentencesExamples Your taxable lump sum is taxed at your marginal rate of tax, either 20 per cent or 42 per cent. Under current law, such withdrawals are taxed at the student's tax rate. Profits from unincorporated businesses are taxed at 15 percent. My understanding is that I am then taxed at my marginal rate of income tax on any capital gain. This can represent a significant tax saving, compared with an ordinary share option scheme where the option is generally exempt, but the gain is taxed at income tax rates. If one partner leaves the other his estate, it is taxed at the full death tax rate. At the end of five years, only interest earned and capital gains are taxed at 23 per cent, in line with the tax treatment of other investment funds. In Ireland, a capital gain is generally taxed at 20 per cent, with the first £1,000 being exempt. At present, land is taxed at a higher rate than improvements only in the counties of Hawaii and Kauai. I am a full-time engineering student and even my part-time work at a local supermarket is taxed at 50 per cent. Dividends are taxed at your ordinary income tax rate. Owners of second homes who do not live permanently on the island are taxed at £2,060 a year for houses of up to 2,153 sq ft within two miles of the shore. Otherwise the profits are taxed at the full rate. In companies like ours, the profit is taxed at the corporation rate. If your fund is worth more than the limit you could in future be taxed at 25% of the excess taken as income, or 55% on a lump sum. Interest income and short-term capital gains are still taxed at rates up to 35%. All the business' earnings and profits are taxed at the personal level of the shareholders/owners. When you invest corporately, your earnings are initially taxed at very high rates. I'd venture to guess that every form of income is taxed at least twice, and maybe three or four times. Chip sales are taxed at 17 per cent in China, but local manufacturers can claim up to 14 per cent of the levy back. Synonyms levy a tax on, impose a toll on, charge duty on, exact a tax on, demand a tax on 2Make heavy demands on (someone's powers or resources) she knew that the ordeal to come would tax all her strength Example sentencesExamples His battle with nature will end up taxing all his resourcefulness and overturning his usual elegance. With resources taxed and false rumors howling, misinformation was rarely spread by the news media. You will definitely have to earn it, though, because I will often tax every physical and mental resource that you possess. The need to properly categorize, inventory and secure the massive number of garments and shoes must have taxed their resources and creativity. The transition to a 3D world certainly taxes the Xbox's power but the game world is particularly vacuous. The influx of refugees and displaced persons taxed the already stretched resources of States. Second, the solution did not tax an already overburdened division transportation resource. Suffice to say, China will tax both the group's idealism and its stamina. And director Jasper Bagg takes on the title role with energy and commitment, though sometimes its sheer weight seems to be taxing his powers to the limit. The problem of what to do with clapped-out electronic equipment continues to tax the EU's best minds. I am not condoning corporal punishment but some sympathy must go out to the teacher whose patience must have been taxed to the limit and which seems to have snapped. Radeschi said the community's resources have been taxed by dealing with troubled youth. Synonyms strain, stretch, put a strain on, make demands on, weigh heavily on, weigh down 3Confront (someone) with a fault or wrongdoing. why are you taxing me with these preposterous allegations? Example sentencesExamples Tax me with my crimes! Synonyms confront, accuse, call to account, charge, blame, censure, condemn, denounce 4Law Examine and assess (the costs of a case). Example sentencesExamples It was not the case for either side that I should split the issue into parts and so resolve the position, nor was it the case that I should attempt to tax or assess the costs. Where the outcome of the Legal Proceedings is not a Success the Insurer shall have the right to have the Insured's Solicitor's bills taxed or assessed on the standard basis. The applicant is to pay the costs of the respondent of the summons on an indemnity basis, such costs to be taxed forthwith. Pursuant to that order the defendants taxed their costs and applied for payment, despite the fact that the action had not been determined. It was decided to do this by ordering those costs to be taxed on the indemnity basis. Origin Middle English (also in the sense ‘estimate or determine the amount of a penalty or damages’, surviving in tax (sense 4 of the verb)): from Old French taxer, from Latin taxare ‘to censure, charge, compute’, perhaps from Greek tassein ‘fix’.
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