Dictionary 1. (n.) The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue.2. (n.) The act of taxing, or assessing a bill of cost. 3. (n.) Tax; sum imposed. 4. (n.) Charge; accusation. Thesaurus assessment cess conscience money contribution direct tax duty graduated taxation imposition impost indirect tax joint return levy progressive tax separate returns single tax supertax surtax tax tax base tax dodging tax evasion tax exemption tax return tax structure tax withholding tax-exempt status taxable income tithe toll tribute withholding tax |