A tax levy under United States federal law is an administrative action by the Internal Revenue Service (IRS) under statutory authority, generally without going to court, to seize property to satisfy a tax liability. The levy "includes the power of distraint and seizure by any means". The g...
A property tax (whose rate is expressed as a percentage or per mille, also called millage ) is an ad valorem tax on the value of a property. The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated sta...
A financial transaction tax ( FTT ) is a levy on a specific type of financial transaction for a particular purpose. The tax has been most commonly associated with the financial sector for transactions involving intangible property rather than real property. It is not usually considered to ...
A private copying levy (also known as blank media tax or levy ) is a government-mandated scheme in which a special tax or levy (additional to any general sales tax) is charged on purchases of recordable media. Such taxes are in place in various countries and the income is typically allocat...
taxed; taxing; taxes ; to levy a tax on ; to make onerous and rigorous demands on ; to assess or determine judicially the amount of (costs in a court action) ; there went out a decree … that all the world should be taxed
City, county, and school districts levy property taxes on properties within their boundaries.... The mill levy is the total tax rate levied on your property value. One mill represents one...
Federal estate taxes are levied on assets of more than $12.92 million for 2023, and more than $13.61 million for 2024. Assets transferred to spouses are exempt from estate tax. Recipients...
be levied. Unlike private debt from credit cards, debt owed to the federal government, such as student loan debt or delinquent taxes, does not require a court order to levy an individual's...
Taxes are a mandatory contribution levied on corporations or individuals to finance government activities and public services.
Tax revenue is defined as the revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and trans...