Taxation
Definition 1 of 3
Pro Tip 1/3
Government Funding
Understand that 'taxation' refers to how governments raise money to pay for public services. Our community center was built as a result of successful taxation.
Pro Tip 2/3
Mandatory Payment
'Taxation' implies a compulsory contribution, not a voluntary one. Every citizen is subject to taxation by law.
Pro Tip 3/3
Non-Negotiable
'Taxation' is not optional; failing to pay taxes can lead to legal consequences. The businessman faced fines for evading taxation.