A tax, usually ad valorem, charged on the basis of the fair market value of property. The scope of taxable property varies by jurisdiction and it may include personal property in addition to real estate.

(chiefly Britain, slang, humorous) The national lottery.

(economics, taxation) A government levy on goods considered to be socially undesirable goods or nonessential luxuries, most commonly alcohol and tobacco.

plural of tax collector

One who has the responsibility for collecting taxes.

(US) A volunteer organization where income tax returns are prepared for qualifying low income tax payers.

The reduction in income taxes that results from taking an allowable deduction from taxable income.

An inducement offered in the form of an abatement of taxes.

A deduction in tax that is given in order to encourage a certain economic activity or a social objective

Any of various taxes levied on the production or sale of certain goods, especially on luxuries, tobacco, alcohol etc.