Tax Revenue Definition In Government

Tax revenue definition of tax revenue by the free.

Tax revenue definition in government. Government revenue as well as government spending are components of the government budget and important tools of the government s fiscal policy. Wiktionary 0 00 0 votes. It gives a detailed report on revenue collected from different items like corporation tax income tax wealth tax customs union excise service taxes on union territories like land revenue stamp. Information and translations of tax revenue in the most comprehensive dictionary definitions resource on the web.

Tax revenue is the result of the application of a tax rate to a tax base. Government revenue or national revenue is money received by a government from taxes and non tax sources to enable it to undertake government expenditures. Total tax revenue as a percentage of gdp indicates the share of the country s output collected by the government through taxes. Tax income taxation tax revenue revenue noun government income due to taxation.

The total amount of money that the government receives from taxation meaning pronunciation translations and examples. Total tax revenue as a percentage of gdp indicates the share of a country s output that is collected by the government through taxes. The tax burden is measured by taking the total tax revenues received as a percentage of gdp. Tax revenue synonyms tax revenue pronunciation tax revenue translation english dictionary definition of tax revenue.

Seignorage is one of the ways a government can increase revenue by deflating the value of its. It can be regarded as one measure of the degree to which the government controls the economy s resources. Tax revenue can be regarded as one measure of the degree to which the government controls the economy s resources. What does tax revenue mean.

Meaning of tax revenue.