the taxman

noun

informal
: the department of the government that collects taxes
One-third of her salary goes to the taxman.

Examples of the taxman in a Sentence

Recent Examples on the Web
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In March last year, the thinktank Tax Policy Associates alleged that the practice of dual representation, where an agent represents both a player and the club in a transaction, cost the taxman £250million from 2019 to 2021 and £470m since 2015 (up until March 2023). Peter Rutzler, The Athletic, 14 Aug. 2024 This means taking advantage of available tax-free allowances such as ISAs and pensions to shelter more money from the taxman. Marc Shoffman, theweek, 10 Apr. 2024 What’s more, a significant chunk of his wealth is stashed in offshore accounts in Bermuda and the Cayman Islands, where they’re kept safe from the taxman’s clutches. Jason Linkins, The New Republic, 5 May 2023 Some wealthy Americans avoid selling those assets — and attracting the taxman — by taking out loans from banks that use the assets as collateral. Aimee Picchi, CBS News, 20 Jan. 2023 Just under a quarter of the prize—24%—will be automatically withheld for federal taxes by the IRS, immediately cutting the payout by around $170 million to roughly $538 million, though the taxman is not done yet. Robert Hart, Forbes, 11 Jan. 2023 Having a swimming pool is assumed to increase the value of a property, leading to higher real estate taxes, and many people try to avoid mentioning it to the taxman. Jeremy Kahn, Fortune, 30 Aug. 2022 To be sure, gains that come into retirement accounts are tax-deferred, but when the money is eventually paid out to the retiree, the taxman will be waiting for his slice. The Editors, National Review, 11 Aug. 2022 But claiming that much money is likely to draw attention from grifters, the taxman, and friends and family members, experts say. Laura L. Davis, USA TODAY, 27 July 2022

Dictionary Entries Near the taxman

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“The taxman.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/the%20taxman. Accessed 25 Dec. 2024.

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