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Greatking Posted 20 years ago
Grammar

levy vs tax

Hi,

Are levy and tax are always interchangeable? If not, why?

(ex: To put a levy on oil imports. (a)

= To put a tax on oil imports. (b) ? )

King
  

Top answer

Hi, Are levy and tax are always interchangeable? If not, why? (ex: To put a levy on oil imports.

  • Hi, Are levy and tax are always interchangeable?
  • If not, why?
  • (ex: To put a levy on oil imports.
  • (a) = To put a tax on oil imports.
  • (b) ?
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2 Answers
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Hi,

Are levy and tax are always interchangeable? If not, why?

(ex: To put a levy on oil imports. (a)

= To put a tax on oil imports. (b) ? )

They are very similar. However, the term 'levy' is much less frequently used. It also somewhat sou
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Traditionally, a levy was the word used to define certain types of indirect taxes imposed on specific transactions. It never refered to direct taxation.

Usage today is far less defined and the two are generally treated as interchangable.

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