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tax system
 

Definitions from WordNet

Noun tax system has 1 sense
  1. tax system - a legal system for assessing and collecting taxes
    --1 is a kind of     legal system

Definitions from the Web

Tax System

Definition: A tax system refers to the set of rules, regulations, and procedures implemented by a government to impose and collect taxes from individuals and businesses.

Part of Speech: Noun

Senses:

  1. A comprehensive framework established by the government for taxing individuals and businesses.
  2. A methodical approach or structure used by a government to administer and collect taxes.

Usage:

  1. The tax system in the United States is based on a progressive tax structure.
  2. The government is currently considering reforms to simplify the tax system.

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