- 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. - The act of taxing, or assessing a bill of cost. - Tax; sum imposed. - Charge; accusation.
Taxation Taxation is an area of public accounting involving tax advice, tax planning, preparing tax returns, and representing clients before governmental agencies.
Double taxation Double taxation refers to the form of taxation in which a corporation is taxed on its net income. When the same income is distributed to shareholders in the form of dividends...
Definition
[ n.]