What's the difference between revenue and taxation?

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.

Taxation


Definition:

  • (n.) The act of laying a tax, or of imposing taxes, as on the subjects of a state, by government, or on the members of a corporation or company, by the proper authority; the raising of revenue; also, a system of raising revenue.
  • (n.) The act of taxing, or assessing a bill of cost.
  • (n.) Tax; sum imposed.
  • (n.) Charge; accusation.

Example Sentences:

  • (1) 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.
  • (2) One-nation prime ministers like Cameron found the libertarians useful for voting against taxation; inconvenient when they got too loud about heavy-handed government.
  • (3) Scottish voters could be offered even greater freedoms on taxation and social policy after Labour said it would consider "radical" new powers under devolution.
  • (4) "The rise in those who are self-employed is good news, but the reality is that those who have turned to freelance work in order to pull themselves out of unemployment and those who have decided to work for themselves face a challenging tax maze that could land them in hot water should they get it wrong," says Chas Roy-Chowdhury, head of taxation at the Association of Certified Chartered Accountants.
  • (5) Continuing corporate concerns over the costs of health care, and recent changes in federal policies regarding Medicare and the taxation of employee benefit funds, threaten to alter the system of postretirement health benefits substantially and perhaps irrevocably for many.
  • (6) The Tony Abbott lecturing the American president on taxation fairness is, of course, the one who as Australian prime minister is presiding over policies of taxation amnesty for the richest Australians who have themselves offshored their hidden wealth, capping their taxable liability to merely the last four years.
  • (7) The hideously unfair council tax system would be replaced by land value taxation , through which everyone would benefit from the speculative gains now monopolised by a few.
  • (8) What we are witnessing is the collision of two imperfect storms: the Conservative party’s turmoil over the future of taxation, and the transformation of the economy.
  • (9) And he insisted that if the states ended up with slightly different tax rates it would not amount to “double taxation”.
  • (10) If implemented, the ESM will reverse the greatest 19th-century political achievement in Europe: the transfer of the power to determine taxation and expenditure from unaccountable monarchical governments to formally accountable parliaments.
  • (11) The "no taxation without representation" principle, usefully established in another context, points to a different approach.
  • (12) At the same time, the government’s reduction in public sector funding has seen the Australian Taxation Office shed 2,300 jobs.
  • (13) A failure of the EU ETS would distort the internal market with the emergence of a patchwork of 27 different energy and climate measures ranging from regulations to taxation."
  • (14) Taxation may be just a part of any solution, but it is fundamentally necessary for two reasons.
  • (15) Because pension incomes are taxable, and pensioners would have more to spend – generating indirect taxation – and the number of people on social security would be lower, the Exchequer would benefit by between £1.7bn and £3bn.
  • (16) John Whiting, tax policy director of the Chartered Institute of Taxation, explains that there is a sound principle behind it: to provide administrative simplification.
  • (17) It was only after a combination of heavy taxation (price), heavy legislation (banning smoking in public places), and heavy propaganda (warnings on packets; an effective, sustained anti-smoking advertising campaign; and most crucially, education in schools) was brought to bear on a resistant tobacco industry that smoking became a pariah activity for a new generation of potential consumers, and real, lasting change took place.
  • (18) An Oxford Business School's Centre for Business Taxation survey highlighted concerns about "a particular dearth of people who have the technical expertise to deal with the challenges presented by large business".
  • (19) Proposed policy remedies often involve transfers through taxation, though the effects of government taxation often reduce the efficiency of publicly financed health insurance.
  • (20) How can a government be held responsible for taxation if it becomes the opposition when education and health are discussed?