taxation

noun

tax·​a·​tion tak-ˈsā-shən How to pronounce taxation (audio)
1
: the action of taxing
especially : the imposition of taxes
2
: revenue obtained from taxes
3
: the amount assessed as a tax

Examples of taxation in a Sentence

the federal right of taxation
Recent Examples on the Web Among other things, the charter, granted by King Edward IV, granted the areas freedom from taxation. Jack Guy, CNN, 15 Feb. 2024 Federal legislation passed in 2017 and in 2021 exempts TPD discharges from federal taxation — but only until the end of 2025. Adam S. Minsky, Forbes, 13 Feb. 2024 Nor does Tokyo provide new private corporations with certain pivotal tax advantages available in other rich countries, such as exemption from double taxation of income at both the level of the company and that of the individual owner. Richard Katz, Foreign Affairs, 31 Jan. 2024 The laws surrounding taxation are fluid and have changed significantly over the past few years, and could continue to evolve. Alicia Adamczyk, Fortune, 26 Feb. 2024 The marijuana companies will be subjected to the city’s 4 percent standard business tax, plus sales taxes, and the city could put an additional taxation measure before voters. Peter Hecht, Sacramento Bee, 21 Feb. 2024 But the principal force behind today’s robust economy lies in fiscal policy, the use of government spending and taxation to boost growth. David J. Lynch, Washington Post, 28 Jan. 2024 If the shares are never sold, then they are never taxed, and under current law, they may be passed on to the next generation with little or no taxation. Sophia Voight, Journal Sentinel, 26 Jan. 2024 Could the product be produced without coercive taxation? Edward Lotterman, Twin Cities, 28 Jan. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'taxation.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

14th century, in the meaning defined at sense 1

Time Traveler
The first known use of taxation was in the 14th century

Dictionary Entries Near taxation

Cite this Entry

“Taxation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/taxation. Accessed 19 Mar. 2024.

Kids Definition

taxation

noun
tax·​a·​tion tak-ˈsā-shən How to pronounce taxation (audio)
: the action of taxing
especially : the establishing of taxes

Legal Definition

taxation

noun
tax·​a·​tion
1
: the action of taxing: as
a
: the imposition of taxes
b
: the judicial determination of costs
2
a
: revenue obtained from taxes
b
: the amount assessed as a tax
3
: a particular system of taxing
progressive taxation

More from Merriam-Webster on taxation

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