Taxing authority

Taxing authority,

Definition of Taxing authority:

  1. Any government entity that is authorized by law to assess, levy and collect taxes. A taxing authority can have a reach of authority (the IRS) and it can be limited to very specific group of people (local school or fire district). In all cases, the setting of tax rates is done only with public approval through legislation or local board meetings.

Meaning of Taxing authority & Taxing authority Definition