What does tax collection mean?

Definitions for tax collection
tax col·lec·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word tax collection.

Princeton's WordNet

  1. tax collectionnoun

    the collection of taxes


  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.


  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.

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How to pronounce tax collection?

How to say tax collection in sign language?


  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.

Translations for tax collection

From our Multilingual Translation Dictionary

  • ٹیکس مجموعہUrdu

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"tax collection." Definitions.net. STANDS4 LLC, 2023. Web. 26 Sep. 2023. <https://www.definitions.net/definition/tax+collection>.

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