Tax farming
Meaning in history, with examples
In history, tax farming means: An arrangement granting a person or group the right to collect specified taxes in return for payment to an authority.
In Turkish: iltizam, vergi toplama hakkının devri
How it is used
Tax farming concerns revenue collection, not agricultural cultivation; arrangements differed historically.
Example sentences
The treasury used tax farming to obtain an agreed payment in advance.
Collection rights are exchanged for revenue to the authority.
Petitions complain about collection practices under tax farming.
The collector's conduct can be studied separately from the contract.
Common collocations
- tax farming contract
- the tax farming system
Related terms
More terms: Economic History
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