taxation

• Sustantivo que designa el proceso o sistema por el cual el gobierno impone y recauda tributos o impuestos sobre personas, bienes o actividades, así como la práctica de aplicar dichas cargas.

A noun referring to the process or system of levying taxes by a government on individuals or property, including the revenue generated and the practice of imposing such charges.

incontable

1. Government revenue systemB2formal

   The process by which a government imposes financial charges on citizens, businesses, or property to fund public services and infrastructure.

   Sistema tributario

   • The government relies on taxation to pay for schools and hospitals.
   • High taxation can sometimes discourage business investment.
   • Taxation policies vary significantly between countries.

   Sinónimosassessmentimpositionlevytax collection

2. Revenue collectedB2formal

   The total income a government receives from levying taxes.

   recaudación tributaria

   • Taxation accounts for the majority of the national budget.
   • The government reported an increase in taxation this fiscal year.
   • Taxation is used to fund public goods like roads and defense.

   Sinónimostax revenue

3. Practice of levying taxesB2formal

   The act or system of imposing taxes on individuals and entities by a governing body.

   Tributación

   • The history of taxation dates back to ancient civilizations.
   • Taxation is a key tool for economic policy.
   • The principles of taxation include fairness and efficiency.

   Sinónimosassessmentexactionimpositionlevytaxing