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English
B2

the process by which a government levies a tax on the income of individuals or businesses.

Meanings

the process by which a government levies a tax on the income of individuals or businesses.

Income taxation is a significant source of revenue for the government.

Synonyms

Antonyms

the system or laws governing how income is taxed in a particular country or region.

The income taxation system in the country is progressive, meaning higher earners pay a larger percentage of their income.

Synonyms

Antonyms

Last updated: 2025/01/11 11:55