tax collection

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tax collection

The postal worker delivers a tax collection notice to a homeowner.

Definition
  1. Noun:
    • The process or activity of gathering taxes: The systematic work of collecting money that is owed to a government as taxes from individuals, businesses, or other entities.
    • The revenue gathered from taxes: The total sum of money collected through taxation within a specific period.
Usage Examples
  • Noun:
    • Efficient tax collection is essential for funding public services.
    • The agency is responsible for the tax collection from all local businesses.
    • A decline in tax collection forced the city to reconsider its budget.
Advanced Usage
  • "to be in charge of tax collection": To have the official responsibility for overseeing the gathering of taxes.

    • The new commissioner is now in charge of tax collection for the entire region.
  • "methods of tax collection": The specific systems or procedures used to gather taxes.

    • Modern methods of tax collection often involve electronic filing and payment.
Variants and Related Words
  • Tax collector (n): An official who collects taxes.

    • In the story, the tax collector was an unpopular figure in the village.
  • Tax revenue (n): The income that a government receives from taxes.

    • The government's tax revenue increased significantly this quarter.
Synonyms
  • Revenue collection: The gathering of income, especially by a government.
  • Levy collection: The act of collecting an imposed charge or tax.
Related Phrases
  • Collection of taxes: A formal phrase synonymous with "tax collection".
    • The primary function of the department is the collection of taxes.
Related Idioms
  • "The taxman cometh": An idiom referring to the inevitable arrival or demand of the tax collection authority.
    • With the end of the financial year, the taxman cometh for all of us.
tax collection

The postal worker delivers a tax collection notice to a homeowner.

Noun
  1. the collection of taxes