Internal Taxation: Definition, Pronunciation, and Example

Internal Taxation

noun | in·ter·nal tax·a·tion | \ in-ˈtər-nəl tak-ˈsā-shən \
カタカナ: インターナル・タクセイション (Intānaru Takuseishon)

Definition:

A system of taxes imposed within a country or jurisdiction on goods, services, income, or property, as opposed to taxes on imports, exports, or cross-border transactions.


Pixel art illustrating internal taxation

Example Sentence:

“The government relies heavily on internal taxation to finance education and healthcare.”

When Cities Cross Borders: The Intergovernmental Charter City

intergovernmental charter city

noun | in·ter·gov·ern·men·tal char·ter cit·y | \ ˌin-tər-ˌgə-vərn-ˈmen-tᵊl ˈchär-tər ˌsi-tē \

Definition:
A specially designated urban area that operates under a distinct legal and governance framework (a charter) jointly established and administered by two or more sovereign governments. An intergovernmental charter city typically involves shared jurisdiction, agreed-upon regulations, and collaborative decision-making, with the goal of fostering economic development, experimentation in governance, or international cooperation.

Example sentence:

“The proposed intergovernmental charter city would be jointly managed by neighboring countries to promote trade and regional stability.”

Related terms:

  • charter city — a city with a unique legal status separate from standard national or regional laws

  • condominium — a territory jointly governed by two or more sovereign powers

  • special economic zone (SEZ) — a region with economic laws that differ from the rest of the country

Raw RSS Feed

WearYourDictionary

Total Pageviews