taxation

Definition

The act of imposing taxes and the fact of being taxed.

Etymology

From Middle English taxacioun, from Anglo-Norman taxacion, from Latin taxātio (“rating, appraisal”). By surface analysis, tax + -ation.

Example Sentences

• "Some of this will be down to breakthrough science and technology, breakthrough business models and breakthroughs in behaviour change, but we also need an intensifying focus on public policy, in areas like accounting, reporting and taxation, the last spotlighted by Shaxson."
• "Less than one-tenth of the taxation is spent on public improvements of any kind […]"