TAXREVENUE

Tax revenue

Tax revenue is the income that is gained by governments through taxation. Just as there are different types of tax, the form in which tax revenue is collected also differs; furthermore, the agency that collects the tax may not be part of central government, but may be an alternative third-party licenced to collect tax which they themselves will use. For example:

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tax revenue

Noun

  1. The total revenue which a taxing entity - state, municipality etc. - gets from all taxes.


The above text is a snippet from Wiktionary: tax revenue
and as such is available under the Creative Commons Attribution/Share-Alike License.

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