Tax Authority
/ˈtæks əˌθɔːrɪti/
Definitions
- (n.) A governmental or administrative body responsible for assessing, collecting, and enforcing the payment of taxes.
The tax authority audited the company's financial records to ensure compliance.
Forms
- tax authorities
Commentary
The term specifically denotes the institution empowered by law to oversee taxation processes, distinct from individual taxpayers or private entities.
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.