processing tax

American  

noun

1. a tax levied by the government at an intermediate stage in the production of goods.

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Example Sentences

The IRS, however, would continue processing tax returns, Sepp said.

From MarketWatch • Jan. 8, 2026

The rest of the funding is meant to bring the IRS into the digital age by upgrading its decades-old technology and chipping away at its backlog of processing tax returns.

From Washington Times • Feb. 15, 2023

The IRS will start accepting and processing tax returns on Jan. 23.

From Washington Post • Jan. 13, 2023

The agency is currently grappling with a worker shortage and an expanded workload processing tax filings and administering pandemic-related programs.

From Seattle Times • Apr. 14, 2022

Actually in that shirt there was about one pound of cotton and the processing tax amounted to four and a quarter cents on that pound of cotton.

From The Fireside Chats of Franklin Delano Roosevelt by Roosevelt, Franklin Delano