GEMET

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finances > taxation > levy

Preferred term

levy  

Definition

  • A ratable portion of the produce of the property and labor of the individual citizens, taken by the nation, in the exercise of its sovereign rights, for the support of government, for the administration of the laws, and as the means for continuing in operation the various legitimate functions of the state.

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URI

http://www.eionet.europa.eu/gemet/concept/4784

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