Definitions for tax system
tax sys·tem

Princeton's WordNetRate this definition:4.7 / 3 votes

1. tax systemnoun

   a legal system for assessing and collecting taxes

ChatGPTRate this definition:0.0 / 0 votes

1. tax system

   A tax system is a legal arrangement or framework established by government entities, such as municipal, state, or federal governments, to finance public goods and services. It involves the process of collecting mandatory or compulsory payments or charges levied by the government on income, sales, properties, goods, and services. These collected funds are used to support government operations, infrastructure development, social services, and public works. The tax systems can vary greatly with different regulations and proportions depending on the country or region.

Editors ContributionRate this definition:3.3 / 4 votes

1. tax system

   A type of official unity government system connected to unity government policy created to control, collate, integrate, improve, change, review and manage methodically tax law and tax legislation using accurate, defined, effective, transparent, just data, information, proof, research and statistics.

   A fair, transparent, accurate and effective tax system is vital for a unity government to create, collect, change and manage tax within a country or jurisdiction

   
   

   Submitted by MaryC on September 26, 2016  

Matched Categories

1. • Law
   • Legal System

How to pronounce tax system?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say tax system in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of tax system in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of tax system in Pythagorean Numerology is: 2

Examples of tax system in a Sentence

1. John Gentzel:

   Supporters of the blueprint understand the importance of reforming our tax code in a way that incentivizes investment in the United States and the production of American goods, in American towns, by American workers, meanwhile opponents of the blueprint are trying to stop tax reform and keep the current broken tax system that puts American workers at a disadvantage.

2. Elaine Maag:

   These folks are very disconnected from the tax system. It's going to be very hard to get their payments out.

3. Democratic Governor J.B. Pritzker:

   For years, Illinoisans have been fighting to make our income tax system more fair to middle class families and those striving to get there, and this monumental vote in the General Assembly means that voters will have the right to decide our system for themselves in November 2020.

4. John Boehner:

   We want tax reform. It’s critically important for our country. We’ve got a tax system that no one understands. Not even the IRS understands, if we had a flatter, simpler tax code that would allow 95 percent of the American people to do their own taxes, we ’d have a much healthier economy.

5. Vermont Sen. Bernie Sanders:

   You take a hard look at our tax system.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=tax system
2. ^ ChatGPT
   https://chat.openai.com