Taxation vs License - What's the difference?
taxation | license |
The act of imposing taxes and the fact of being taxed
* {{quote-news
, year=2012
, date=May 29
, author=John elkington
, title=Common threads in the Breakthrough Booklist
, work=the Guardian
A particular system of taxing people or companies
The revenue gained from taxes
*
(label) A legal document giving official permission to do something; a permit.
(label) The legal terms under which a person is allowed to use a product, especially software.
(label) Freedom to deviate deliberately from normally applicable rules or practices (especially in behavior or speech).
(label) Excessive freedom; lack of due restraint.
* 1936 , , The Story of Civilization , page 520:
(label) An academic degree, the holder of which is called a licentiate, ranking slightly below doctorate, awarded by certain European and Latin-American universities.
The act of giving a formal (usually written) authorization.
* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=68, magazine=(The Economist)
, title= Authorize officially.
As nouns the difference between taxation and license
is that taxation is the act of imposing taxes and the fact of being taxed while license is (label) a legal document giving official permission to do something; a permit.As a verb license is
the act of giving a formal (usually written) authorization.taxation
English
Noun
citation, page= , passage=Some of this will be down to breakthrough science and technology, breakthrough business models and breakthroughs in behaviour change, but we also need an intensifying focus on public policy, in areas like accounting, reporting and taxation , the last spotlighted by Shaxson.}}
External links
* (wikipedia "taxation")license
English
Alternative forms
* (UK) licence (noun)Noun
- Even if you bought this product, it does NOT belong to you. You have a license to use it under the terms of this agreement, until you breach this agreement.
- When liberty becomes license dictatorship is near.
Usage notes
* In British English, Canadian English, Australian English, Irish English, and New Zealand English the noun is spelt licence'' and the verb is ''license . * The spelling licence is not used for either part of speech in the United States.Verb
(licens)T time, passage=The ability to shift profits to low-tax countries by locating intellectual property in them, which is then licensed to related businesses in high-tax countries, is often assumed to be the preserve of high-tech companies.}}