Definition: The word "tax" is a noun that refers to the payment or charge made by a government, employer, or other entity to an individual or entity for goods, services, income, wages, or any other kind of financial benefit. In English, tax is usually defined as a charge or fee imposed on individuals or entities who receive money or other assets, such as stocks, bonds, real estate, or other property. It can also refer to the total amount paid by an individual or entity for goods or services that are consumed or provided. The word "taxation" refers to the process of paying taxes in a particular country or region. In English, taxation is usually associated with government policies and legislation that aim to collect revenue from individuals, businesses, and other entities. It involves the collection of money by the government from its members, including residents, employers, and non-profit organizations. There are many different types of taxes, each having a specific purpose and method of payment. For example, sales tax is a fee paid on goods or services that are sold for an amount specified in the bill. Property tax is a fee imposed by governments to collect revenue from owners of real estate properties. Income tax is a tax levied on individuals who earn money. And so forth. Taxation can take many forms, including direct taxation, indirect taxation (such as property taxes and income taxes), and indirect taxation (like sales taxes and property taxes).

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