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What does taxation mean?

Looking for the meaning or definition of the word taxation? Here's what it means.

Noun
  1. The act of imposing taxes and the fact of being taxed.
  2. A particular system of taxing people or companies
  3. The revenue gained from taxes
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Examples
The date was postponed several times due to the unsettled issue of taxation.
Most taxpayers who were eligible for the advance payment received a notice from the taxation office shortly before they got their check.
Ultimately, taxation is the only fair and secure way to mobilise the wealth of the well-off for the benefit of the disadvantaged.
A business valuation credential or advanced degree in taxation is a significant plus.
What we're against is social engineering, redistributive taxation, over-regulation of private activity, etc.
A total of 20 per cent of this is now allowable in Ireland, but tax rebates are, unfortunately, not a feature of double taxation treaties.

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