The process by which a government or organization formally demands and collects payments such as taxes or fees from individuals in accordance with established laws and regulations.
The act of gathering funds from members of a group or community, typically for a specific purpose, following predefined rules or agreements.
An authoritative action taken by public entities to secure financial contributions from citizens, which can include various forms of monetary obligations like dues or tariffs.
The systematic retrieval of required payments enforced by legal standards, often aimed at supporting public services or community initiatives.
A system in which tax is deducted directly from payments such as salary or interest by the payer before the funds are disbursed to the recipient.
The process whereby the entity responsible for making a payment retains a portion of that payment to cover expected taxes, which is then remitted to the government on behalf of the recipient.
A mechanism aimed at ensuring that income taxes are collected at the moment income is earned, reducing the burden of tax payment for individuals and promoting compliance with tax laws.