tax levy
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levy — 1 / le vē/ n pl lev·ies 1: an act of levying: as a: the imposition or collection of a tax b: the seizure according to a writ of execution of real or personal property in a judgment debtor s possession to satisfy a judgment debt 2: an amount… … Law dictionary
tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 … Law dictionary
Tax lien — A tax lien is a lien imposed on property by law to secure payment of taxes. Tax liens may be imposed for delinquent taxes owed on real property or personal property, or as a result of failure to pay income taxes or other taxes.Tax liens in… … Wikipedia
Tax levies — A Tax levy, under United States Federal law, is an administrative action by the Internal Revenue Service (IRS) under statutory authority, without going to court, to seize property to satisfy a tax liability. The levy includes the power of… … Wikipedia
Tax — Taxation An aspect of fiscal policy … Wikipedia
tax — A charge by the government on the income of an individual, corporation, or trust, as well as the value of an estate or gift. The objective in assessing the tax is to generate revenue to be used for the needs of the public. A pecuniary burden laid … Black's law dictionary
Levy — The legal seizure of property to satisfy a debt. In the U.S., the Internal Revenue Service (IRS) has the authority to levy an individual s property, such as a car, boat, house or property belonging to the individual that is held by someone else,… … Investment dictionary
levy — lev|y1 [ˈlevi] v past tense and past participle levied present participle levying third person singular levies [T] to officially say that people must pay a tax or charge levy a tax/charge/fine etc (on sth) ▪ a new tax levied on all electrical… … Dictionary of contemporary English
Levy — or Lévy may refer to:*Levy County, Florida * Forced labor; see conscription or national service * An imposition of a tax * A judicial remedy where the property of a judgment debtor is seized for public sale to satisfy a monetary judgment * An… … Wikipedia
tax — [n1] charge levied by government on property, income assessment, bite*, brokerage, capitation, contribution, cost, custom, dues, duty, excise, expense, fine, giveaway*, imposition, impost, levy, obligation, pork barrel*, price, rate, salvage,… … New thesaurus
