tax system

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Definitions from WordNet

Noun tax system has 1 sense

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:

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

Usage:

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

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