Tax Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Tax, written in plain English, along with examples of how it is used.

What is Tax?

A charge by the government on the citizen of the country or on their property or a charge on certain activities for their welfare. It is also charged on certain business activities like bringing in goods interstate or inter country, on sales, on licences, on purchases and is also known as government charges on ones income and assets.