Revenue Authority
/ˈrɛvənjuː əˈθɒrɪti/
Definitions
- (n.) A government or public agency responsible for assessing, collecting, and managing taxes and other public revenues.
The revenue authority issued new guidelines on tax compliance for corporations.
Forms
- revenue authority
- revenue authorities
Related terms
See also
Commentary
The term typically refers to a national or regional governmental institution empowered by statute to enforce tax laws and collect revenue. Usage may vary by jurisdiction.
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.