taxpay

present singular third person taxpays · participle present taxpaying · participle past taxpaid · past taxpaid

1. transitiveTo pay tax upon.

   If he chooses not to bottle in bond, he taxpays the spirits in bulk at 100° proof and then, after taxpayment, reduces the product with water to any proof down to 80° (usually between 86° and 80°).

   1956, United States. Congress. House. Committee on Ways and Means, Excise Tax Technical and Administrative Problems

   1 more example

   […] affix to each package one or more internal-revenue stamps of the proper class and denomination as will fully taxpay the contents of such package, unless such stamp or stamps shall have been affixed abroad […]

   1957, United States. Dept. of the Treasury, Treasury Decisions Under the Customs, Internal Revenue, Industrial Alcohol, Narcotic And Other Laws