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What is a levy? - Internal Revenue Service A levy is a legal seizure of your property to satisfy a tax debt Levies are different from liens A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt
LEVY | English meaning - Cambridge Dictionary To implement comprehensive economic and social policies, the state must levy standardised taxes, keep systematic administrative records, and enforce uniform rules across its territory
Levy - definition of levy by The Free Dictionary To impose a tax, fine, or other punishment on (a person or business) 2 To enlist or conscript into military service: levy recruits 3 To declare and wage (a war) To confiscate property, especially in accordance with a legal judgment 1 The act or process of levying 2 Money, property, or troops levied
levy - Wiktionary, the free dictionary levy (third-person singular simple present levies, present participle levying, simple past and past participle levied) (transitive) To impose (a tax or fine) to collect monies due, or to confiscate property quotations to levy a tax
What does LEVY mean? - Definitions. net A levy is an imposition or collection, usually a form of tax or charge, established by a governing body or an institution It can also refer to the act of enlisting soldiers or raising an army
Levy - Definition, Meaning Synonyms | Vocabulary. com The noun levy refers to a charge, such as a tax, fine, or other fee, that is imposed on something The verb levy is used to describe the act of imposing or collecting the charge