What does tax revenue mean?

Definitions for tax revenue
tax rev·enue

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

Princeton's WordNet

  1. tax income, taxation, tax revenue, revenuenoun

    government income due to taxation

Wiktionary

  1. tax revenuenoun

    The total revenue which a taxing entity - state, municipality etc. - gets from all taxes.

ChatGPT

  1. tax revenue

    Tax revenue is the income that is gained by governments through taxation. This includes all types of taxes such as income tax, sales tax, corporate tax, property tax, and other statutory fees. It is used to fund public services, government operations, infrastructure development, and other state expenses.

Wikidata

  1. Tax revenue

    Tax revenue is the income that is gained by governments through taxation. Just as there are different types of tax, the form in which tax revenue is collected also differs; furthermore, the agency that collects the tax may not be part of central government, but may be an alternative third-party licenced to collect tax which they themselves will use. For example: ⁕In the UK, the DVLA collects vehicle excise duty, which is then passed onto the treasury. Tax revenues on purchases can come from two forms: 'tax' itself is a percentage of the price added to the purchase, while 'duty' is a fixed amount added to the purchase price. In order to calculate the total tax raised from these sales, we must work out the effective tax rate multiplied by the quantity supplied.

Editors Contribution

  1. tax revenue

    An amount of income received by a form of unity assembly, unity council, unity legislature, unity senate, unity house of representatives, unity parliament, unity government, local unity government, regional unity government, national unity government, european unity government and international unity government in the form of tax.

    Tax revenue income is important for all forms of unity government, it is important taxpayer money is spent justly and fairly and using data, facts, research and statistics.


    Submitted by MaryC on January 25, 2021  

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Numerology

  1. Chaldean Numerology

    The numerical value of tax revenue in Chaldean Numerology is: 8

  2. Pythagorean Numerology

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

Examples of tax revenue in a Sentence

  1. Bernie Sanders:

    It is absurd for elements within the Netanyahu government to suggest that building more settlements in the West Bank is the appropriate response to the most recent violence. It is also not acceptable that the Netanyahu government decided to withhold hundreds of millions of Shekels in tax revenue from the Palestinians, which it is supposed to collect on their behalf.

  2. Energy Minister Juan Jose Aranguren:

    Yesterday there was a meeting about this, including refineries and producers, locally produced crude should be given priority in order to avoid a reduction in jobs and tax revenue.

  3. Daman Prakash Rathod:

    A lower import duty would increase legal imports and ultimately legal sales. Tax revenue would go up instead of going down.

  4. Daniel Okrent:

    The Depression came on and there was no more tax revenue for the federal government, people were saying, 'Where are we going to get the money to keep the lights on?' The primary tax revenue before Prohibition was alcohol.

  5. Pueblo County spokeswoman Paris Carmichael:

    There are some scholarships that come out of the legal marijuana industry but our preliminary research showed that this is the first to come from tax revenue.


Translations for tax revenue

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"tax revenue." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/tax+revenue>.

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