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Home > QFINANCE Dictionary > Definition of tax

Definition of

tax

Tax

government charge on people and firms a charge levied by a government on individuals and companies to pay for public services. Tax may be taken directly from income or indirectly through a sales tax or other indirect tax.

Definitions of ’tax’ and meaning of ’tax’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’tax’ and other financial terms with our online QFINANCE Financial Dictionary.

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