Definitions for tax collection
tax col·lec·tion

Princeton's WordNetRate this definition:0.0 / 0 votes

1. tax collectionnoun

   the collection of taxes

WikipediaRate this definition:0.0 / 0 votes

1. tax collection

   A revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue. Depending on the jurisdiction, revenue services may be charged with tax collection, investigation of tax evasion, or carrying out audits.In certain instances, they also administer payments to certain relevant individuals (such as statutory sick pay, statutory maternity pay) as well as targeted financial support (welfare) to families and individuals (through payment of tax credits or transfer payments).The chief executive of the revenue agency is usually styled as Commissioner, Minister, Secretary or Director.

ChatGPTRate this definition:0.0 / 0 votes

1. tax collection

   Tax collection is the process by which governmental authorities or other entities mandated by the law, obtain monetary resources, typically in the form of taxes, from individuals, corporations, or other legal entities in order to finance public services, infrastructure, and government operations. The collected funds can be obtained from various types of taxes such as income tax, property tax, sales tax, or other forms of taxation depending on the taxation system of the country.

Matched Categories

1. • Collection

How to pronounce tax collection?

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 collection in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of tax collection in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of tax collection in Pythagorean Numerology is: 9

Examples of tax collection in a Sentence

1. Manager Tahsin Yasin:

   Illegal tax collection did happen under Yanukovich. Luckily it didn't affect us then, but they are targeting us now despite supposed reforms, we are dealing with a completely unprofessional mafia who are there simply to extort as much as they can while in office.

2. Piotr Poplawski:

   The government promised to fill the gap with increased tax collection but we do not see a big improvement.

3. Eric Lucero:

   Insurance companies have to make their evaluations on a formula with such criteria as to whether police or fighters can respond promptly, but that is no longer the case in Minneapolis. That means increased insurance rates not only for commercial properties but residential ones, too, so that means property value will go down, the tax rate decreases, and less tax collection means such things as school districts and education will really suffer.