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tax rate
tax relief
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taxation
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taxation

tax·a·tion [ tak sáysh'n ]


noun 
Definition:
 
1. system of levying taxes: the system whereby taxes are levied on some types of income, earnings, or purchases

2. money collected in taxes: the amount of money raised by collecting taxes

3. tax on something: an amount levied as a tax on something


tax·a·tion·al adjective
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