taxation

noun
tax·a·tion | \tak-ˈsā-shən \

Definition of taxation 

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

The law contains no mechanism for the taxation or sale of marijuana, although the Legislature is expected to develop such a system. CBS News, "Recreational marijuana now legal in Vermont as new law takes effect," 2 July 2018 The Wayfair case empowers states to establish a level playing field for the taxation of goods sold by in-state and out-of-state sellers. Tom Cooney And Crystal Faulkner, Cincinnati.com, "Online purchases may become more expensive," 28 June 2018 Chief among the dissenters was Justice Anthony Kennedy, who just a day earlier had squared off with Roberts on the other controversy of the digital age, the taxation of out-of-state online sales. Cristian Farias, Daily Intelligencer, "The Supreme Court Just Put a Ding in the Surveillance State," 22 June 2018 The legislation also puts in motion measures to provide licensing and regulation for mobile sports wagering — placing bets on sporting events through phone apps — and provides guidance for legal monitoring, consumer protections and taxation. Adam Edelman, NBC News, "Cash-hungry states betting Supreme Court will legalize sports gambling," 12 Feb. 2018 The law contains no mechanism for the taxation or sale of marijuana, although the Legislature is expected to develop such a system. Wilson Ring, The Seattle Times, "Vermont governor with ‘mixed emotions’ signs marijuana bill," 22 Jan. 2018 In an accompanying editorial Governor Greg Abbott writes: Innovation and self-reliance are deeply rooted in the Lone Star State, and when freed from the stranglehold of over taxation and overregulation, new ideas flourish. Francisca Ortega, Houston Chronicle, "CNBC ranks Texas No. 1 for business, but offers residents a few warnings," 11 July 2018 Amy Demboski called up Perman and Kubitz to ask questions about land use and taxation. Devin Kelly, Anchorage Daily News, "Tie votes, then a show of magnanimity: Ira Perman picked as interim West Anchorage Assemblyman," 11 July 2018 Business and economic activity are also strained as depopulation leads to lower economic growth, savings, investment, consumption, labor markets, pensions, taxation and intergenerational transfers. Phillip Molnar, sandiegouniontribune.com, "Does the lowest U.S. birth rate in three decades pose a risk to the economy?," 1 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'taxation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of taxation

14th century, in the meaning defined at sense 1

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Dictionary Entries near taxation

taxad

taxameter

taxaspidean

taxation

taxational

taxator

tax base

Statistics for taxation

Last Updated

7 Oct 2018

Look-up Popularity

Time Traveler for taxation

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

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More Definitions for taxation

taxation

noun

English Language Learners Definition of taxation

: the action, process, or system of taxing people or things

taxation

noun
tax·a·tion | \tak-ˈsā-shən \

Kids Definition of taxation

1 : the action of taxing

2 : money gotten from taxes

taxation

noun
tax·a·tion

Legal Definition of taxation 

1 : the action of taxing: as

a : the imposition of taxes

b : the judicial determination of costs

2a : revenue obtained from taxes

b : the amount assessed as a tax

3 : a particular system of taxing progressive taxation

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Comments on taxation

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