What's the difference between revenue and tax?

Revenue


Definition:

  • (n.) That which returns, or comes back, from an investment; the annual rents, profits, interest, or issues of any species of property, real or personal; income.
  • (n.) Hence, return; reward; as, a revenue of praise.
  • (n.) The annual yield of taxes, excise, customs, duties, rents, etc., which a nation, state, or municipality collects and receives into the treasury for public use.

Example Sentences:

  • (1) But not only did it post a larger loss than expected, Amazon also projected 7% to 18% revenue growth over the busiest shopping period of the year, a far cry from the 20%-plus pace that had convinced investors to overlook its persistent lack of profit in the past.
  • (2) But that gross margin only includes the cost of paying drivers as a cost of revenue, classifying everything else, such as operations, R&D, and sales and marketing, as “operating expenses”.
  • (3) It's the roughly $2bn in revenue grossed by his blockbuster movies, some of which he had to be talked into making.
  • (4) With Everton heading for a sixth-placed finish in the Premier League, the additional television revenue and prospect of further funds from Fellaini, the club are confident of appointing an "equally significant" successor to Moyes, according to the chairman, Bill Kenwright.
  • (5) Ian Read, Pfizer's Scottish-born chief executive, said the tax structure would protect AstraZeneca's revenues from the 38% rate of corporation tax in the US.
  • (6) DMGT's digital division, Associated Northcliffe Digital, reported that revenues rose 5% to £41m.
  • (7) Revenue from tobacco duty in 2011-12 was £9.55bn, up from £8.09bn in 2007-08.
  • (8) Pfizer kept up its efforts to get AstraZeneca to the negotiating table over its £63bn approach as it reported revenue well below Wall Street expectations, underscoring its interest in pursuing its UK rival to promote new business growth.
  • (9) The involvement of one of South Korea’s most powerful men has rocked the country’s business world, as it signalled that prosecutors were prepared to use the full force of the law against the head of a company whose revenues are equivalent to a fifth of the country’s GDP.
  • (10) A 20% discount will save the average first-time buyer £43,000 on a £218,000 home (the average cost paid by such buyers), which would leave a revenue shortfall of £8bn from income if current regulatory obligations had been retained on the 200,000 homes.
  • (11) The bank also warned it was not generating as much revenue as it expected from its corporate and institutional banking arm, the new name for its slimmed down investment banking operations.
  • (12) In June it warned that some revenues from 31 of about 200 social housing contracts had been deferred hitting the amount of cash coming into the business.
  • (13) Revenues at the digital media division, which includes bbc.com, increased by 9% to £30m.
  • (14) Golding said the government would not soften its stance on drug trafficking and it intended to use a proportion of revenues from its licensing authority to support a public education campaign to discourage pot-smoking by young people and mitigate public health consequences.
  • (15) States are meant to swim alone on this … We’re already doing extraordinary things to deal with the burgeoning demands on our hospitals.” Turnbull reiterated an earlier call for the states and territories to look at increasing some of their own revenue measures to make up for funding shortfalls.
  • (16) The PR operation grew revenues by 3.7% to account for 9% of total revenue and 11% of profit.
  • (17) If Spotify is so bad for the music business, why are revenues for the recorded music business in Sweden up 30% (first half of the 2011 vs. the same time period in 2012), when in most other countries, it's down or flat?
  • (18) The pharmacy business has more than 770 branches in the UK with 7,000 staff, and last year generated revenues of £760m and profits of £33m.
  • (19) In terms of revenue, well, we think we are already raising a very high percentage, a high percentage of GDP as tax.
  • (20) Despite its 25% stake, BP said it would be wrong to assume that it would obtain a quarter of the expected $100bn worth of revenues.

Tax


Definition:

  • (n.) A charge, especially a pecuniary burden which is imposed by authority.
  • (n.) A charge or burden laid upon persons or property for the support of a government.
  • (n.) Especially, the sum laid upon specific things, as upon polls, lands, houses, income, etc.; as, a land tax; a window tax; a tax on carriages, and the like.
  • (n.) A sum imposed or levied upon the members of a society to defray its expenses.
  • (n.) A task exacted from one who is under control; a contribution or service, the rendering of which is imposed upon a subject.
  • (n.) A disagreeable or burdensome duty or charge; as, a heavy tax on time or health.
  • (n.) Charge; censure.
  • (n.) A lesson to be learned; a task.
  • (n.) To subject to the payment of a tax or taxes; to impose a tax upon; to lay a burden upon; especially, to exact money from for the support of government.
  • (n.) To assess, fix, or determine judicially, the amount of; as, to tax the cost of an action in court.
  • (n.) To charge; to accuse; also, to censure; -- often followed by with, rarely by of before an indirect object; as, to tax a man with pride.

Example Sentences:

  • (1) Virtually every developed country has some form of property tax, so the idea that valuing residential property is uniquely difficult, or that it would be widely evaded, is nonsense.
  • (2) Not only do they give employers no reason to turn them into proper jobs, but mini-jobs offer workers little incentive to work more because then they would have to pay tax.
  • (3) Paradoxically, each tax holiday increases the need for the next, because companies start holding ever greater amounts of their tax offshore in the expectation that the next Republican government will announce a new one.
  • (4) But the wounding charge in 2010 has become Brown's creation of a structural hole in the budget, more serious than the cyclical hit which the recession made in tax receipts, at least 4% of GDP.
  • (5) We want to be sure that the country that’s providing all the infrastructure and support to the business is the one that reaps the reward by being able to collect the tax,” he said.
  • (6) Meanwhile, reductions in tax allowances on dividends for company shareholders from £5,000 down to £2,000 represent another dent to the incomes of many business owners.
  • (7) Brown's model, which goes far further than those from any other senior Labour figure, and the modest new income tax powers for Holyrood devised when he was prime minister, edge the party much closer to the quasi-federal plans championed by the Liberal Democrats.
  • (8) Writing in the Observer , Schmidt said his company's accounts were complicated but complied with international taxation treaties that allowed it to pay most of its tax in the United States.
  • (9) "There is a serious risk that a deal will be agreed between rich countries and tax havens that would leave poor countries out in the cold.
  • (10) Photograph: Guardian The research also compiled data covered by a wider definition of tax haven, including onshore jurisdictions such as the US state of Delaware – accused by the Cayman islands of playing "faster and looser" even than offshore jurisdictions – and the Republic of Ireland, which has come under sustained pressure from other EU states to reform its own low-tax, light-tough, regulatory environment.
  • (11) Cameron also used the speech to lambast one of the central announcements in the budget - raising the top rate of tax for people earning more than £150,000 to 50p from next year.
  • (12) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (13) The issue has been raised by an accountant investigating the tax affairs of the duchy – an agricultural, commercial and residential landowner.
  • (14) Proposals to increase the tax on high-earning "non-domiciled" residents in Britain were watered down today, after intense lobbying from the business community.
  • (15) We know that several hundred thousand investors are likely to want to access their pension pots in the first weeks and months after the start of the new tax year.
  • (16) Profit for the second quarter was £27.8m before tax but the club’s astronomical debt under the Glazers’ ownership stands at £322.1m, a 6.2% decrease on the 2014 level of £343.4m.
  • (17) "The Republic genuinely wishes Northern Ireland well and that includes the 12.5% corporate tax rate," he said.
  • (18) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (19) Gordon Brown believes that the fact of the G20 summit has persuaded many tax havens, such as Switzerland and Liechtenstein, to indicate that they will adopt a more open approach.
  • (20) This includes cutting corporation tax to 20%, the lowest in the G20, and improving our visa arrangements with a new mobile visa service up and running in Beijing and Shanghai and a new 24-hour visa service on offer from next summer.

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