Difference between Revenue and Taxation

What is the difference between Revenue and Taxation?

Revenue as a noun is the income returned by an investment while Taxation as a noun is the act of imposing taxes and the fact of being taxed

Revenue

Part of speech: noun

Definition: The income returned by an investment The total income received from a given source All income generated for some political entity's treasury by taxation and other means The total sales; turnover. The net revenue, net sales.

Example sentence: If you look at firms like General Electric or other large companies, they don't just do one thing; they do many different things to generate sources of revenue.

Taxation

Part of speech: noun

Definition: The act of imposing taxes and the fact of being taxedA particular system of taxing people or companiesThe revenue gained from taxes

Example sentence: There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

We hope you now know whether to use Revenue or Taxation in your sentence.

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