taxation

1. N-UNCOUNT Taxation is the system by which a government takes money from people and spends it on things such as education, health, and defence. 稅制[商業(yè)]

...the proposed reforms to taxation. …擬議的稅制改革。

2. N-UNCOUNT Taxation is the amount of money that people have to pay in taxes. 稅額[商業(yè)]

The result will be higher taxation. 結果將是更高的稅額。