Tax Collection (Noun)
Meaning
The collection of taxes.
Classification
Nouns denoting acts or actions.
Examples
- Effective tax collection is crucial for a country's economic stability and growth.
- The tax collection process has been simplified through the implementation of digital systems.
- Tax collection rates have improved significantly with the use of data analytics.
- The responsibility of tax collection typically falls on government agencies or tax authorities.
- Historically, tax collection methods have varied and often been a point of contention among citizens.