plural noun tax
1. British the different ways of classifying income under tax law
⇒ Tax schedules can be rationalised painlessly if the Treasury drops its sniffy distaste
for some kinds of profits and some kinds of costs.
2. US charts that allow US taxpayers to work out how much tax they have to pay for a particular tax year
⇒ A few people are standing nearby listening, but most are hurrying inside to pick up
last-minute tax schedules and extension forms.
Collins English Dictionary. Copyright © HarperCollins Publishers