Taxation
/tækˈseɪ.ʃən/noun
The act or system of imposing and collecting taxes.
Did you know?The word ultimately traces back to Latin *taxare*, meaning “to assess, appraise, or charge,” which is also tied to the idea of a fixed rate or valuation rather than a mystical origin.
Etymological Timeline
Proto-Indo-European
PIE
*teks-
“to weave, make, or construct”
Latin
Latin
taxare
“to assess, value, or repeatedly charge”
Late Latin
Latin
taxatio
“an assessment or valuation”
Old French
Old French
taxacion
“an assessment, levy, or tax”
Middle English
English
taxacioun
“the act of levying or assessing a tax”
Modern English
English
taxation
“the system or process of imposing taxes”