Dictionary
English - Finnish

Tax

tæks
Extremely common
500 - 600
500 - 600
The word frequency and importance index indicates how often a word appears in a given language. The smaller the number, the more frequently the word is used. The most frequently used words typically range from about 1 to 4000. This importance index helps you focus on the most useful words during your language learning process.

vero, verotus, verovelvollisuus, veroprosentti, veronpalautus

Tax meanings in Finnish

vero

Example:
I have to pay my taxes by the end of the month.
Minun täytyy maksaa veroni kuun loppuun mennessä.
Taxes are used to fund public services.
Verot käytetään julkisten palveluiden rahoittamiseen.
Usage: formalContext: Financial discussions, government-related conversations
Note: The word 'vero' is commonly used in both formal and informal contexts when discussing taxation.

verotus

Example:
The tax system in Finland is quite complex.
Suomen verotusjärjestelmä on melko monimutkainen.
He is studying tax law.
Hän opiskelee verotusoikeutta.
Usage: formalContext: Legal and economic discussions, academic settings
Note: 'Verotus' refers specifically to the system or process of taxation.

verovelvollisuus

Example:
Every citizen has a tax obligation.
Jokaisella kansalaisella on verovelvollisuus.
Understanding your tax obligations is important.
Verovelvollisuuksien ymmärtäminen on tärkeää.
Usage: formalContext: Legal discussions, personal finance advice
Note: 'Verovelvollisuus' emphasizes the duty or obligation to pay taxes.

veroprosentti

Example:
The tax rate has increased this year.
Veroprosentti on noussut tänä vuonna.
What is the current income tax rate?
Mikä on nykyinen tuloveroprosentti?
Usage: formalContext: Economic discussions, financial planning
Note: 'Veroprosentti' specifically refers to the percentage at which income or profits are taxed.

veronpalautus

Example:
I received a tax refund this year.
Sain veronpalautuksen tänä vuonna.
Tax refunds can help with financial planning.
Veronpalautukset voivat auttaa taloudellisessa suunnittelussa.
Usage: informalContext: Personal finance discussions, casual conversations about taxes
Note: 'Veronpalautus' is used to describe the money returned to taxpayers after they have overpaid their taxes.

Tax's synonyms

levy

To levy a tax means to impose or collect it officially.
Example: The government decided to levy a tax on luxury goods.
Note: Levy is often used in a formal or legal context.

duty

A duty is a tax on goods that are imported or exported.
Example: Import duties on foreign goods have been increased.
Note: Duty specifically refers to taxes on goods being imported or exported.

tariff

A tariff is a tax or duty to be paid on a particular class of imports or exports.
Example: The new tariff on steel imports has affected the local industry.
Note: Tariff is used specifically in the context of international trade.

assessment

An assessment is the process of determining the value of something for taxation purposes.
Example: The property tax assessment was based on the market value of the house.
Note: Assessment is more about evaluating the value of something for tax purposes.

Tax expressions, common phrases

Taxing task

This phrase refers to a task that is difficult, demanding, or exhausting.
Example: Studying for the exam was a taxing task.
Note: The phrase uses 'taxing' in a figurative sense to describe the difficulty of the task, rather than the literal sense of imposing a tax.

Tax evasion

Tax evasion is the illegal act of not paying taxes owed to the government.
Example: The company was caught engaging in tax evasion.
Note: While 'tax' refers to the mandatory financial charge imposed by the government, 'tax evasion' specifically denotes the illegal act of avoiding paying taxes.

Tax break

A tax break is a reduction in taxes granted by the government to encourage certain behavior or to stimulate economic growth.
Example: The government announced a new tax break for small businesses.
Note: Unlike a tax, which is a mandatory payment, a tax break is a benefit or incentive in the form of reduced taxes.

Tax refund

A tax refund is a reimbursement of excess taxes paid to the government, usually resulting from overpayment or tax credits.
Example: John was happy to receive a tax refund this year.
Note: In contrast to paying taxes, a tax refund involves receiving money back from the government due to overpayment or deductions.

Tax bracket

A tax bracket is a range of income subject to a specific tax rate, with higher earners placed in higher tax brackets.
Example: Individuals in higher tax brackets pay a larger percentage of their income in taxes.
Note: While 'tax' refers to the amount owed to the government, a 'tax bracket' defines the income range and corresponding tax rate applicable to individuals.

Tax hike

A tax hike is an increase in tax rates or the amount of taxes imposed by the government.
Example: The proposed budget includes a tax hike for wealthy individuals.
Note: Unlike a tax, which is the actual amount paid, a tax hike specifically refers to an increase in tax rates or amounts.

Tax deduction

A tax deduction is an amount that can be subtracted from a taxpayer's income before calculating the amount of tax owed, reducing the taxable income.
Example: Donating to charity can lead to a tax deduction on your annual tax return.
Note: While 'tax' is the amount owed to the government, a tax deduction reduces the taxable income on which taxes are calculated.

Tax everyday (slang) expressions

Taxman

Refers to the government tax collector or tax authority responsible for collecting taxes.
Example: The taxman cometh! Better make sure your taxes are in order.
Note: Colloquial term used to personify the entity responsible for collecting taxes.

Pay the piper

Means to bear the consequences of one's actions, often related to paying taxes or fulfilling obligations.
Example: If you want to enjoy the benefits of society, you have to pay the piper, and that means paying taxes.
Note: Metaphorical expression focusing on bearing consequences rather than simply paying taxes.

Chipping in

Refers to contributing or sharing the burden or cost, especially in terms of taxes or expenses.
Example: Everyone needs to chip in their fair share to cover taxes for the community center.
Note: Emphasizes the idea of collective participation and shared responsibility in contributing funds.

Dough

Slang term for money or cash, often used informally.
Example: I'm short on dough this month after paying my taxes.
Note: Informal term for money that can include taxes as part of the expenditure.

Skin in the game

Means to have a vested interest or personal stake in a particular situation or outcome, commonly used in tax contexts.
Example: When you pay taxes, you're not just a spectator, you have skin in the game with your investment in the country's infrastructure.
Note: Focuses on the idea of having a personal investment rather than just a financial obligation like paying taxes.

Tax - Examples

The government increased the tax on cigarettes.
Hallitus nosti tupakkaveron.
I have to pay a lot of tax this year.
Minun täytyy maksaa paljon veroa tänä vuonna.
The company is trying to avoid paying taxes.
Yritys yrittää välttää verojen maksamista.

Tax grammar

Tax - Noun (Noun) / Noun, singular or mass (Noun, singular or mass)
Lemma: tax
Conjugations
Noun, plural (Noun, plural): taxes, tax
Noun, singular or mass (Noun, singular or mass): tax
Verb, past tense (Verb, past tense): taxed
Verb, gerund or present participle (Verb, gerund or present participle): taxing
Verb, 3rd person singular present (Verb, 3rd person singular present): taxes
Verb, base form (Verb, base form): tax
Verb, non-3rd person singular present (Verb, non-3rd person singular present): tax
Syllables, Separation and Stress
tax Contains 1 syllables: tax
Phonetic transcription: ˈtaks
tax , ˈtaks (The red syllable is stressed)

Tax - Importance and usage frequency

The word frequency and importance index indicates how often a word appears in a given language. The smaller the number, the more frequently the word is used. The most frequently used words typically range from about 1 to 4000.
tax: 500 - 600 (Extremely common).
This importance index helps you focus on the most useful words during your language learning process.
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