Definition, Meaning & Synonyms

tax-bill

noun

/tæks bɪl/

Definition

A tax-bill is a piece of legislation that outlines the government’s plan to collect revenue through taxes.

Examples

After the new tax-bill was passed, many citizens were concerned about the potential increase in their tax burden.
The government is currently reviewing the tax-bill to ensure all provisions comply with existing laws.

Meaning

A tax-bill typically details how much tax will be levied on individuals or businesses, the type of taxes to be collected, and any exemptions or deductions that may apply.