Federal Tax
/ˈfɛdərəl tæks/
Definitions
- (n.) A tax imposed by the national government on income, transactions, or goods.
The federal tax on income must be filed annually.
- (n.) Any form of taxation levied by the United States federal government, including excise taxes, payroll taxes, and customs duties.
Payroll taxes are part of the overall federal tax system.
Forms
- federal tax
- federal taxes
Related terms
See also
Commentary
The term 'federal tax' broadly covers all taxes levied by the national government, so its definition includes various tax types; distinguishing context is often necessary in legal drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.