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Longman Dictionary of Contemporary English
taxation
noun
COLLOCATIONS FROM OTHER ENTRIES
the burden of taxation
▪ The burden of taxation falls more heavily on the poor.
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
corporate
▪ Rates of corporate taxation in Rates of tax on profits.
deferred
▪ The rest of their liabilities are raised through deposits from the general public, share capital and deferred taxation.
▪ Taxation Deferred taxation is accounted for to the extent that a liability or an asset is expected to crystallise.
direct
▪ For example, the Long-term programme of Economic Stabilization recommended that there should be a shift away from indirect taxation towards direct taxation.
▪ Some income will be taken in direct taxation, such as income tax and so will not be available for other uses.
▪ That is the policy which we have pursued consistently, with the result that direct taxation has come down substantially.
▪ Strictly speaking we should add the various National Insurance contributions to the total for direct taxation.
▪ Given the progressive nature of taxation, the proportion of earnings paid in direct taxation varies.
▪ In 1980-81 the highest 10% of earners paid approximately one-quarter of their earnings in direct taxation.
▪ National insurance contributions by individuals are also a form of direct personal taxation.
▪ A local income tax would give councils the power to jeopardise Britain's belated conversion to a belief in low direct taxation.
double
▪ The Commission wants to avoid unjustified double taxation of boats, and will be making proposals accordingly.
▪ Recall from Chapter 7 that the corporate income tax entails a problem of double taxation.
▪ The Commission argued that this was the best system because it would avoid both tax evasion and double taxation.
▪ Generally, however, double taxation treaties exist between countries which permit overseas residents to purchase their securities.
▪ Even the flow of dividends from one company to another depends upon the double taxation treaties between different states.
▪ Also, investors in countries without a double taxation agreement prefer euros.
▪ They would not escape tax for October 1985 to April 1986 at all; the special rules meant double taxation.
general
▪ A universal system of health insurance known as Medicare, funded from general taxation, was introduced in 1984.
▪ Some services are financed out of general taxation and are made available for all of us to consume.
▪ The alternative would be for the government to finance the state provision of broadcasting through general taxation.
heavy
▪ They also paid a substantial proportion of the increasingly heavy taxation the Elizabethan and Stuart campaigns on the Continent demanded.
▪ The hon. Gentleman does a valuable service by reminding us that Labour is committed to a policy of heavy redistributive taxation.
high
▪ The country will draw its own conclusion that under a Labour Administration there are great inefficiencies, high spending and high taxation.
▪ It was right, too, about the nation's fear of high taxation.
▪ Local communities are often unwilling to reflect rising costs of waste management in higher local taxation.
▪ Does he also agree that a minimum wage and higher taxation would lead to even greater unemployment?
▪ The money has to be raised by the government and this means high taxation levels, which are always unpopular.
▪ Contrary to Party philosophy, he advocated higher taxation of the wealthy.
▪ Success was penalised by high taxation.
▪ A combination of higher taxation and more rigorous academic standards led to a dearth of first-class amateurs.
increased
▪ He also maintained that increases in public expenditure would lead to increased taxation and higher unemployment.
▪ While he is at it, he might consult about increased levels of taxation, because secondary heads will not like that.
▪ Labour and the Liberals openly advocate increased taxation.
▪ If it does, it will mean increased taxation and even lower profits leading to less and less investment in industry.
independent
▪ Britain's savers and pensioners are just beginning to wake up to the possibilities of independent taxation of husbands and wives.
▪ These two characteristics are control over an independent source of taxation and the legitimacy conveyed by popular election of the local council.
▪ Since the change to independent taxation in April 1990, husband and wife are assessed separately for tax.
▪ The text has also been brought up to date where the rules have changed in recent years - for example, in relation to independent taxation.
▪ We have introduced independent taxation of husbands and wives, giving married women full eligibility for tax allowances.
▪ This continues to apply not withstanding the introduction of independent taxation from 6 April 1990.
▪ Happily, since the introduction of independent taxation the system has become very much easier to understand.
indirect
▪ For example, the Long-term programme of Economic Stabilization recommended that there should be a shift away from indirect taxation towards direct taxation.
▪ For individuals, the costs of maintaining a safe environment are, however, by no means all in the category of indirect taxation.
▪ It might be useful to consider in more general terms the advantages and disadvantages of direct and indirect systems of taxation.
▪ Sales taxes are another form of indirect taxation popular in the South.
▪ As for indirect taxation, estimated Engel curves relate the expenditure of groups of households on taxed goods to total expenditure.
▪ The recent shift towards indirect taxation would have lowered even further the position of this country in the comparative scene.
▪ The government's budget was strengthened by increased customs revenue and more particularly by a spectacular rise in indirect taxation.
▪ Comprehensive statutes deal with the direct and indirect taxation of individuals and companies.
legal
▪ Appeal allowed. Legal aid taxation of appellants' costs.
▪ Appeal dismissed. Legal aid taxation.
▪ No order for costs. Legal aid taxation.
▪ It covers legal and taxation notes for musicians, as well as advice on recording contracts and other session engagements.
▪ Although these communications are not legally binding, they do give member states strong guidance on legal and taxation issues.
▪ Appeal dismissed with costs, not to be enforced without leave of the court. Legal aid taxation of appellant's costs.
▪ Award Title: Legal form and taxation of small firms: a new regime?
local
▪ The other part is what has already been done - the massive and permanent shift in funding from local to central taxation.
▪ Surely we should treat the entire country fairly when introducing a local taxation system.
▪ The redistributive aspects of local taxation, however, were quite different.
▪ This increase in the Community Charge in major urban areas resulted in a general dissatisfaction with this form of local taxation.
▪ They did not consider the introduction of a poll tax in their review of sources of local taxation.
▪ All this activity did little or nothing to reduce the level of local taxation.
Local communities are often unwilling to reflect rising costs of waste management in higher local taxation.
▪ An interesting exercise is to analyse current and possible forms of local taxation against this checklist.
low
▪ He announced large increases in spending on social welfare, education and the environment while stressing his commitment to low taxation.
▪ The objective here is to take a turn on a transaction that is subject only to a low rate of taxation.
▪ A local income tax would give councils the power to jeopardise Britain's belated conversion to a belief in low direct taxation.
▪ We are the only party that understands the need for low taxation.
▪ A new political atmosphere was created where minimal government, budget-cutting and low taxation had become the norm.
▪ Britain's flexible labour market and low taxation helped push unemployment and inflation to the lowest level for a generation.
▪ North Sea oil and gas are enjoying a record expansion thanks to our policies of deregulation and low taxation.
▪ Resolutions continued to call for further economies and lower taxation, so the government got no credit for what it had done.
personal
▪ Too large an increase in personal taxation could lose them votes and deny them further ministerial office.
▪ Since 1950, all increases in personal taxation have fallen on married couples with children.
▪ It wants the money spent on public infrastructure, providing lucrative contracts for business. Personal taxation has not grown evenly.
▪ Cuts in personal and business taxation and social insurance levies are a top priority, to revive weak investment.
▪ Given the limited experience with actual personal expenditure taxation, empirical evidence is lacking.
▪ The major Inland Revenue tax is personal income taxation whose yield is a quarter of total revenue raised.
▪ First, they wish to be seen to be reducing personal taxation.
▪ It does not matter whether the overall burden of tax increases, as long as they are seen to be reducing personal taxation.
progressive
▪ Under a system of progressive income taxation, there are few apriori sustainable generalizations about the labour supply consequences of taxation.
▪ Now Smith had rather little to say about whether this impartial spectator favored progressive taxation.
▪ Many of these changes have been directly related to progressive taxation, transfer payments and high levels of employment.
▪ Given the progressive nature of taxation, the proportion of earnings paid in direct taxation varies.
▪ The banding system is a move towards progressive taxation, which I welcome.
redistributive
▪ It is not that redistributive taxation is wrong, or should not be a core part of any left programme.
▪ However, this can only be done by increasing public expenditure or redistributive taxation.
▪ The hon. Gentleman does a valuable service by reminding us that Labour is committed to a policy of heavy redistributive taxation.
royal
▪ Burdensome as royal taxation was during the war, the clergy were mercifully free of papal taxation except on two occasions.
■ NOUN
income
▪ These other possible connections to income taxation require separate investigation for a fuller picture to be painted.
▪ Under a system of progressive income taxation, there are few apriori sustainable generalizations about the labour supply consequences of taxation.
▪ The major Inland Revenue tax is personal income taxation whose yield is a quarter of total revenue raised.
▪ Despite the evidence, the Conservative government in the 1980s has been determined to lower income taxation to offset its disincentive effects.
▪ Finally, it is worth considering the incidence of personal income taxation.
▪ Taxation Tin the circular flow has been interpreted as income taxation and is the difference between gross and disposable income.
▪ Other forms of taxation may be introduced as well, but for the sake of simplicity we will confine our discussion to income taxation.
policy
▪ It was because they are afraid of the public learning the truth about Labour's taxation policies.
▪ We will publish a draft Budget four months before the final version, to promote open discussion of economic and taxation policy.
▪ It was muffled on trade-union reform and taxation policy.
▪ Apparently, vast numbers of ordinary folk didn't agree, and that no doubt was connected with taxation policy.
rate
▪ Finally governments have also to bear in mind taxation rates in other countries when framing their own policies.
▪ There are, obviously, a multitude of factors that affect people's work effort apart from taxation rates.
▪ Average taxation rates would then be lower than Labour rates, but higher than Conservative rates.
system
▪ It had no national coinage and possibly no taxation system.
▪ Surely we should treat the entire country fairly when introducing a local taxation system.
▪ Pay-as-you-go means that the present pension benefits are provided through the taxation system.
▪ The taxation system was restructured to favour export-oriented companies and to provide incentives for investment.
▪ We have all talked about finding a fair local government taxation system.
▪ The taxation system must be reformed and investment made in infrastructure.
▪ It is thus important to see the influence of the taxation system on work incentives in this wider perspective.
▪ Those are good principles for any taxation system.
■ VERB
finance
▪ If more were financed privately then taxation could be reduced and incentives increased accordingly.
▪ Table 16-4 shows that most government spending is financed through taxation.
▪ The overwhelming bulk of state spending, then, was financed by taxation.
▪ Some services are financed out of general taxation and are made available for all of us to consume.
▪ But such subsidies have to be financed out of taxation.
increase
▪ A Budget for all seasons Norman Lamont has laid out plans to increase taxation without nipping recovery in the bud.
▪ Does he appreciate the nonsense of the proposal to increase taxation at this time of economic difficulty?
▪ But what matters is the ratio between a state's debt service requirements and its ability to increase its cashflow via taxation.
▪ Parties associated with policies of increasing taxation and growing public expenditure appeared to be less popular at the ballot box.
introduce
▪ Surely we should treat the entire country fairly when introducing a local taxation system.
▪ We have introduced independent taxation of husbands and wives, giving married women full eligibility for tax allowances.
▪ Note that an attempt to introduce universal marginal benefit taxation implies the acceptance of the statusquo.
pay
▪ Mr. Ashton How many welfare benefits have been cut and how many freezes have been imposed to pay for taxation cuts?
▪ The applicant pays the costs of taxation if the bill is reduced by one-sixth or less.
▪ What is the rationale of ability-to-#pay taxation?
▪ If a firm has earnings from overseas, it will generally have to pay overseas taxation on them.
▪ Why does it exist? 5 Distinguish clearly between the benefits-received and the ability-to-#pay principles of taxation.
▪ However, no direct benefit accrues to individuals who do not pay taxation.
provide
▪ Pay-as-you-go means that the present pension benefits are provided through the taxation system.
raise
▪ How much should the government raise in taxation?
▪ In almost every year since 1945 the government has spent more than it has been willing or able to raise via taxation.
reduce
▪ These changes have reduced the burden of taxation on the wealthy considerably.
▪ Similarly, if it chose to reduce taxation, that too would be democratically justified.
▪ Hills points out that the government has failed in its stated aim of reducing the level of taxation.
▪ First, they wish to be seen to be reducing personal taxation.
▪ I supported the move to reduce taxation.
▪ It does not matter whether the overall burden of tax increases, as long as they are seen to be reducing personal taxation.
▪ Some seek electoral popularity successfully by promising and attempting to cut public budgets and reduce taxation.
▪ Conservative Governments have reduced the taxation on savings.
EXAMPLES FROM OTHER ENTRIES
▪ How do I protect my investments from taxation?
EXAMPLES FROM CORPUS
▪ Can the right hon. Gentleman explain how the costs of extending national insurance or raising taxation will help employment?
▪ He also maintained that increases in public expenditure would lead to increased taxation and higher unemployment.
▪ No order for costs save legal aid taxation.
▪ That perhaps gives us some idea of what the regional taxation profile will look like.
▪ The landowners were able to express their views on problems of internal security, foreign affairs, and taxation increases.
▪ Yet after 1337 no further papal taxation was levied until 1362.
The Collaborative International Dictionary
Taxation

Taxation \Tax*a"tion\, n. [F. taxation, L. taxatio a valuing, estimation, from L. taxare. See Tax.]

  1. The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue.

  2. (Law) The act of taxing, or assessing a bill of cost.

  3. Tax; sum imposed. [R.]
    --Daniel.

  4. Charge; accusation. [Obs.]
    --Shak.

Douglas Harper's Etymology Dictionary
taxation

early 14c., "imposition of taxes," from Anglo-French taxacioun, Old French taxacion, from Latin taxationem (nominative taxatio) "a rating, valuing, appraisal," noun of action from past participle stem of taxare (see tax (v.)).

Wiktionary
taxation

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

WordNet
taxation
  1. n. charge against a citizen's person or property or activity for the support of government [syn: tax, revenue enhancement]

  2. government income due to taxation [syn: tax income, tax revenue, revenue]

  3. the imposition of taxes; the practice of the government in levying taxes on the subjects of a state

Wikipedia
Taxation (magazine)

Taxation is an English-language weekly magazine for professional UK tax advisors. It is owned by LexisNexis, part of Reed Elsevier. The magazine is edited in the LexisNexis Sutton office. The first issue was published on 1 October 1927 and it has been in continuous publication ever since. The masthead declares that the magazine has been 'since 1927 the leading authority on tax law, practice and administration'. It is published on Thursdays.

Usage examples of "taxation".

Justice Stone seems to be engaged in an endeavor to erect this into an almost exclusive test of the validity, or invalidity of State taxation affecting interstate commerce.

Lord Mansfield first rose, and, in a long and argumentative speech, he combated the arguments of those who maintained that the Americans were merely contending for exemption from taxation.

He had nothing for it but to endeavour to be the first to convey the already-blown news to Sir John Peachy, sheriff for Kent: his pains were rewarded by his being detained prisoner as a suspected person, while Sir John mustered his yeomanry, and, together with the neighbouring gentry and their retainers, marched towards Hythe, The wavering people, awed by this show of legal and military power, grew cool towards the White Rose, whose name, linked to change and a diminution of taxation, had for a moment excited their enthusiasm.

Owing to a quarrel over renewed taxation, bourgeois support was disaffected, causing the towns to with draw their contingents.

I therefore replied with all the airs of a doctor of finance that I could say something about the theory of taxation.

Your economic team agrees on the key elements of an economic growth and jobs package: reduce the double taxation of dividends, accelerate the rate cuts, and provide more expensing of investment losses.

Accelerating the rate cuts and eliminating double taxation of dividends is good policy.

Commission, and the property, activities, and income of the Commission, are hereby expressly exempted from taxation in any manner or form by any State, county, municipality, or any subdivision thereof.

Court has in fact relied to sustain taxation exclusively by the situs State, logically would seem to permit taxation by the domiciliary State as well as by the nondomiciliary State in which the tangibles are situate, especially when the former levies the tax on the owner in terms of the value of the tangibles.

The specific demands included state regulation of railroads, free coinage of silver, reduction of the tariff to a revenue basis, revision of the patent laws, high taxation of oleomargarine, and reduction of the legal rate of interest from 10 to 8 per cent.

In Holland, all the authority and influence of the stadtholder were scarcely sufficient to allay the ferments excited among the people by the provisional taxation, which had succeeded the abolition of the patchers, and was indeed very grievous to the subject.

Likewise, the business of taking orders on commission for the purchase and sale of grain and cotton for future delivery not necessitating interstate shipment was ruled not to be interstate commerce, and as such exempt from taxation, although deliveries were sometimes made by interstate shipment.

Conversion and taxation always went hand-in-hand, and therefore Indians who, unbaptized, brought nothing to the treasury, having received the Gospel truths, were taxed so much a head to show them that from thenceforth they were Christians.

With the lower labor costs obtaining here and the highly favorable level of taxation, it was a better proposition to work fields down here rather than open up known but so far untapped North American resources.

Hence it was held that certain Indian allottees under an agreement according to which, in part consideration of their relinquishment of all their claim to tribal property, they were to receive in severalty allotments of lands which were to be nontaxable for a specified period, acquired vested rights of exemption from State taxation which were protected by the Fifth Amendment against abrogation by Congress.