Tax
Term · Law · MLC-T-LAW-004834
A compulsory financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund public expenditures. Taxes are levied on income, property, goods, services, or transactions. Failure to pay taxes, along with evasion or resistance to taxation, is punishable by law.
| Identifier | MLC-T-LAW-004834 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004834",
"term": "Tax",
"field": "Law",
"definition": "A compulsory financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund public expenditures. Taxes are levied on income, property, goods, services, or transactions. Failure to pay taxes, along with evasion or resistance to taxation, is punishable by law.",
"url": "https://mlchart.com/terminology/law/tax/"
}
Record 4,936 of 5,445 in Law terminology (MLC-0107). Request the full dataset.