noun

taxation

taxation, levying of tax

The government is reviewing its policy on taxation.

The government is reviewing its policy on taxation.

Taxation is a complex subject.

Taxation is a complex subject.

policy ((on taxation)) a policy regarding the system of taxes The government is reviewing its policy on taxation.

Synonyms: levying, assessment, imposition

From the verb 'tax' plus the suffix '-ation', which forms nouns of action.

The '-ation' suffix often refers to a process. 'Taxation' is the process or system of imposing taxes.

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