taxation

S2 W2

BrE /tæksˈeɪʃn/ AmE /tæksˈeɪʃn/

noun en → es

1 GOVERNMENT FINANCE [uncountable] B1

the system of collecting taxes from people and organizations to pay for government services and activities

impuesto, tributación

  • taxation on something

Collocations income taxation · corporate taxation

  • The government is reviewing its system of taxation.

    El gobierno está revisando su sistema de impuestos.

2 LEGAL OBLIGATION [uncountable] B1

the legal requirement to pay taxes

obligación tributaria, deber fiscal

  • taxation of something

Collocations legal taxation · financial taxation

  • Failure to comply with the rules of taxation can result in penalties.

    El incumplimiento de las reglas fiscales puede llevar a sanciones.

3 ECONOMIC POLICY [uncountable] B2

the use of taxes as part of government economic policy to control the economy and raise revenue

política fiscal, política de impuestos

  • taxation policies

Collocations economic taxation · government taxation

  • The government's new taxation policy aims to reduce the budget deficit.

    La nueva política fiscal del gobierno busca reducir el déficit presupuestario.

1 HISTORY [uncountable] C1

the history of taxes and tax systems in a country or region

historia de los impuestos, historia fiscal

  • taxation history

Collocations ancient taxation · medieval taxation

  • The book explores the fascinating history of taxation in medieval England.

    El libro explora la fascinante historia de los impuestos en Inglaterra medieval.