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tax 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix]1: to assess or determine judicially the amount of (costs of an action in court)2: to levy a tax ontax the corporationtax capital gainstax·er ntax 2 n often attrib1: a charge usu. of money imposed by legislative or other public authority upon persons or property for public purposes2: a sum levied on members of an organization to defray expenses
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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I
noun
assessment, capitation, charge, dues, duty, exaction, exactment, excise, imposition, impost, levy, pollage, portorium, scot, tariff, taxation, tithe, toll, tribute, vectigal
associated concepts: action for taxes, ad valorem tax, apportionment of taxes, back taxes, collection of taxes, current tax, delinquent tax, direct tax, discriminatory tax, double taxation, estate tax, evasion of taxation, excess profits tax, excessive tax, excise tax, federal estate tax, federal taxes, franchise tax, general tax, graduated tax, income tax, indirect tax, inheritance tax, land tax, levy a tax, personal tax, power of taxation, power to tax, progressive tax, property tax, proportional tax, regulatory tax, retroactive tax, sales tax, tax anticipation note, tax assessor, tax deed, tax district, tax lien, tax roll, tax sale, tax title, tax warrants, taxpayer, transfer tax, withholding taxes
II
(levy) verb
assess, collect, exact, lay a duty, require
III
(overwork) verb
burden, cumber, debilitate, deplete, deprive of strength, disable, drain, encumber, enervate, exact, fatigue, load, make excessive demands, oppress, overexercise, overexert, overfatigue, overload, overstrain, overtire, overuse, push too far, require, saddle with, strain, task, tire out, tyrannize, use hard, weaken, wear down, wear out, weary, weigh down
IV
index
assessment (levy), charge (cost), charge (assess), encumber (hinder), exact, excise, excise (levy a tax), exhaust (deplete), fine, force (coerce), impose (enforce), levy (noun), levy (verb), rebuke, reproach, require (compel), tariff (duties), toll (exact payment)
Burton's Legal Thesaurus. William C. Burton. 2006
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n.A charge imposed by the government on people and businesses on various activities and possessions, such as income, property, purchased goods, or inheritances, used by the government to fund itself and its programs.v.(1) To impose a tax.(2) To assess the costs of a legal action.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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a levy made by national or local government to pay for services provided by public bodies. There is no inherent power in the Crown to raise money in this way; express provision must be made by statute. Changes to tax law are made annually in the Finance Act(s); periodically the law is consolidated, as for example in the Income and Corporation Taxes Act 1988 or the Taxation of Chargeable Gains Act 1992. See taxation.
Collins dictionary of law. W. J. Stewart. 2001.
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A governmental assessment upon property value, transactions (transfers and sales), licenses granting a right, and income. A tax levied directly on income or property is a direct tax. A tax levied on the price of goods or services is an indirect tax. The government uses tax revenues to finance public services and goods, such as building highways and schools.Category: Business, LLCs & CorporationsCategory: NonprofitsCategory: Personal Finance & RetirementCategory: Real Estate & Rental Property
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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1 n. A charge assessed on an individual or on property for the purpose of supporting the functioning of the government. Such charges may be imposed on sale of property or goods, imports, exports, wages and income, privileges, and just about anything else that one can think of. Although usually thought of as being monetary in nature, it is not necessarily so.2 v. The act of imposing a charge upon individuals or property by a government or other taxing authority; to strain or place weight upon.@ abatement of taxes=>> abate.@ ad valorem taxLatin In proportion to its value; a proportional tax imposed upon something's value, rather than on its quantity (especially on real property).A proportional tax imposed upon something's value, rather than on its quantity (especially on real property).=>> tax.@ alternative minimum taxA flat tax originally imposed upon corporations or individuals with high incomes in the event that they wrote off all their income through use of deductions, credits, and contributions. It was enacted to make sure that these parties paid at least some income tax, but it also can affect middle-income families.=>> tax.@ capital gains tax=>> gain.@ estate taxA tax imposed on the property of a decedent that diminishes the value of the total estate to the inheritor.See also inheritance tax=>> tax.@ estimated taxA quarterly amount paid by persons whose income is not subject to withholding tax, in anticipation of what that person's income tax liability will be come April 15 of the following year.=>> tax.@ federal transfer taxSame as an unified estate and gift tax.@ flat taxA tax that remains a constant percentage regardless of the size of the amount being taxed. Most state sales taxes are flat taxes.=>> tax.@- gift tax@ inheritance taxA tax imposed upon the inheritor of property, sometimes known as a succession tax. There is no federal inheritance tax, but many states have statutes imposing such taxes.See also estate tax.=>> tax.@- poll tax@ property taxad valorem tax upon (usually) real property, usually imposed by states and municipalities in order to support local and state services, such as schooling and policing.=>> tax.@ regressive taxA tax that creates a greater burden on those less well off than on those with a higher income. The structure of most sales taxes make them regressive in nature.See also progressive tax.=>> tax.@ sales taxA tax on the selling price of goods and some services levied by some states and some municipalities. Those goods and services taxed varies from state to state, as does the rate of taxation. The tax is usually a fixed percentage of the price and is tacked onto that price.n. A percent of the consumer-paid sales price of certain goods in certain states and municipalities.See also flat tax=>> tax.@ surtaxAn amount tacked onto an already taxed article, or onto the tax itself; a surcharge.See also surcharge.=>> tax.@ transfer taxSame as an estate tax.@ unified estate and gift taxA federal law that imposes a tax on the net worth of an estate and on gifts of and above a certain amount. Both estates and lifetime gifts are treated the same way, with the transferor being responsible for the payment of the tax, but with the responsibility passing to the transferee in the event that the former fails to pay it. Also known as the unified transfer tax.n. A tax imposed on property transfer, especially by inheritance, by will, or as a gift. The federal tax laws treat lifetime gifts and death gifts equally. Sometimes referred to as the federal transfer tax or the unified transfer tax.=>> tax.@ unified transfer taxSame as an unified estate and gift tax.@ use taxA tax imposed by some jurisdictions on goods bought outside that jurisdiction, and so not subject to that jurisdiction's sales tax. It is usually set at the same rate as the sales tax and is meant to discourage shopping outside the jurisdiction.See also sales tax=>> tax.@ value added tax@ value-added taxA tax imposed at each step in the production or construction of a manufactured good based upon the difference between the cost of producing the item and its selling price. Abbreviated V.A.T./VAT=>> tax.@ withholding taxThe amount of income tax that is withheld from the paychecks of employees and sent directly to the government by the employer. It is counted as a credit toward that individual's tax liability when tax returns are filed.=>> tax.@
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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n.a governmental assessment (charge) upon property value, transactions (transfers and sales), licenses granting a right and/or income. These include federal and state income taxes, county and city taxes on real property, state and/or local sales tax based on a percentage of each retail transaction, duties on imports from foreign countries, business licenses, federal tax (and some states' taxes) on the estates of persons who have died, taxes on large gifts and a state "use" tax in lieu of sales tax imposed on certain goods bought outside of the state.See also: ad valorem, capital gains, estate tax, franchise tax, gift tax, income tax, unified estate and gift tax, use, tax
Law dictionary. EdwART. 2013.