Taxpaying: meaning, definitions and examples
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taxpaying
[ ˈtækˌspeɪɪŋ ]
financial obligations
Taxpaying refers to the act of paying taxes to governmental authorities based on income, property, or sales. It is a fundamental duty of citizens and businesses to support public services and infrastructure through their financial contributions.
Synonyms
Examples of usage
- Taxpaying is essential for maintaining public services.
- Many citizens feel that taxpaying is a civic duty.
- Taxpaying ensures the government can fund infrastructure projects.
- Understanding taxpaying helps individuals manage their finances.
Translations
Translations of the word "taxpaying" in other languages:
🇵🇹 pagamento de impostos
🇮🇳 कर चुकाना
🇩🇪 Steuerzahlung
🇮🇩 membayar pajak
🇺🇦 сплата податків
🇵🇱 płacenie podatków
🇯🇵 税金の支払い
🇫🇷 paiement des impôts
🇪🇸 pago de impuestos
🇹🇷 vergi ödeme
🇰🇷 세금 납부
🇸🇦 دفع الضرائب
🇨🇿 placení daní
🇸🇰 platba daní
🇨🇳 纳税
🇸🇮 plačilo davkov
🇮🇸 skattargreiðsla
🇰🇿 салық төлеу
🇬🇪 გადასახადების გადახდა
🇦🇿 vergi ödəmək
🇲🇽 pago de impuestos
Etymology
The term 'taxpaying' derives from the combination of 'tax,' which has its roots in the Latin word 'taxare,' meaning 'to assess' or 'to estimate,' and 'paying,' from the Old English 'pægan,' meaning 'to give' or 'to recompense.' The concept of taxation dates back to ancient civilizations, where rulers imposed charges on their subjects to fund government operations. As societies evolved, so did the complexity of tax systems, leading to formalized methods of taxpaying that we recognize today. In modern economies, taxpaying is an essential aspect of governance and civic responsibility, playing a crucial role in funding essential services and infrastructure.