processing tax

noun

1. a tax levied by the government at an intermediate stage in the production of goods.

Example Sentences

The Internal Revenue Service will begin accepting and processing tax returns on Jan. 29, so lawmakers are looking to move the bill as quickly as possible.

From Seattle Times

The IRS has endured decades of underfunding and been overloaded with paper documents that prevented the agency from processing tax forms at a faster pace.

From Washington Times

The IRS has endured decades of underfunding and been overloaded with paper documents that prevented the agency from processing tax forms at a faster pace.

From Seattle Times

Coupled with decades of underfunding, an overload of paper documents has prevented the agency from processing tax forms at a faster pace in years past, agency leaders have said.

From Seattle Times

That same day, the Congressional Budget Office reported that it, too, was able to zero in on a more accurate X-date because the IRS is “processing tax returns more rapidly than it did last year.”

From Seattle Times