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  1. TAX definition: 1. (an amount of) money paid to the government that is based on your income or the cost of goods or…. Learn more.

  2. noun [ countable-uncountable ] / tæks/. an amount of money charged by a government. impuesto [ masculine, singular ] income/property tax impuesto a la renta/propiedad. to lower/raise the tax on fuel bajar/aumentar el impuesto sobre el combustible. He was arrested for not paying his taxes.

    • What Are Taxes?
    • Understanding Taxes
    • Types of Taxes
    • Tax Delinquency
    • The Bottom Line

    Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national. Tax revenuesfinance government activities, including public works and services such as roads and schools, or programs such as Social Security and Medicare. In economics, taxes fall on whoever pays the burden of the ta...

    To help fund public works and services—and to build and maintain the infrastructure used in a country—a government usually taxes its individual and corporate residents. The tax collected is used for the betterment of the economyand all who are living in it. In the United States and many other countries in the world, income taxes are applied to some...

    There are several very common types of taxes: 1. Income tax—A percentage of generated income that is relinquished to the state or federal government 2. Payroll tax—A percentage withheld from an employee’s pay by an employer, who pays it to the government on the employee’s behalf to fund Medicare and Social Security programs 3. Corporate tax—A perce...

    Every type of tax has a different due date or reporting requirement. Some are collected immediately at the time of a transaction or leading up to a transaction like sales taxes or tariffs. Others are on a fixed recurring schedule with a due date repeating on a specific date or specific day/month combination (e.g., property taxes being due the first...

    There are many types of taxes that are applied in various ways. Understanding what triggers a tax situation can enable taxpayers to manage their finances to minimize the impact of taxes. Techniques that can help include annual tax-loss harvesting to offset investment gains with investment losses, and estate planning, which works to shelter inherite...

    • David Gorton
  3. tax n. (duty) impuesto nm. You don't have to pay tax on alcohol you buy at the airport. No tienes que pagar impuestos en el alcohol que compras en el aeropuerto. tax n. often plural (income tax) impuesto nm. She earned a lot last year, but paid a lot of tax too.

  4. Traducción de 'tax' en el diccionario gratuito de inglés-español y muchas otras traducciones en español.

  5. 1 (Fin) [+income, profit] gravar. [+person] cobrar impuestos a, imponer cargas fiscales a. household goods are taxed at the rate of 15% los artículos del hogar se gravan con el 15% or llevan un impuesto del 15% the wife is separately taxed la esposa paga impuestos por separado. 2 (Brit, Aut)

  6. 1. a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc. 2. a heavy demand on something; strain.

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