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Glite Dictionary
internal revenue

internal revenue

1 5.7
Money the government gets from taxes inside the country, like income and sales taxes
  • noun
  • /ɪnˈtɜrnəl ˈrɛvənu/
translation icon : ingresos internos
  • The government relies heavily on internal revenue to fund public services like education and healthcare.

Examples

  • Unless otherwise expressly indicated, the contents of this message are not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties that may be imposed under the Internal Revenue Code or any other applicable tax law, or (ii) promoting, marketing, or recommending to another party any transaction, arrangement, or other matter.

    Blog text (26)

  • One in fact, had been a a lawyer and a supervising agent, a supervising agent for the Internal Revenue Service in in the state of Illinois.

  • I can read it and it's about it says the Internal Revenue Service is aware that virtual currency.

  • And you're an auditor for the internal revenue service.

    Queenpins (2021)

  • All of these benefits also accrue if the internal revenue code is abolished and replaced with some form of national sales tax.

    Blog text (30)

  • Proponents of tax reform explain that there are many reasons to junk the internal revenue code and adopt something like a flat tax.

    Blog text (30)

  • The proceeds of both (employee and employer) taxes are to be paid into the Treasury like internal revenue taxes generally, and are not earmarked in any way.

    Blog text (28)

  • I'M ELLIOT SNYDER OF THE INTERNAL REVENUE SERVICE.

    Grumpy Old Men (1993)

  • Each year, the internal revenue generated from income and sales taxes is crucial for maintaining the country's infrastructure.

  • In 2022, the internal revenue collected from various taxes reached an all-time high, reflecting the nation’s economic growth.

Synonyms

tax revenue
vsinternal revenue
53 3.2

Money a government gets from taxes on people, businesses, or sales

is confined to domestic sources and excludes customs duties
tax income
vsinternal revenue
5 3.0

Money a government gets from taxes people and businesses pay

is broader covering domestic sources including sales but excluding customs duties

Surface Forms

internal revenue singular
internal revenues plural

Morphology

internal + revenue

The meaning is directly derivable from 'internal' (within/domestic) + 'revenue' (government-collected money), so a B1 learner who knows both constituents would understand it refers to revenue from domestic sources. This adjective+noun composition is compositional and parallels constructions in many languages, making it transparently interpretable.

Etymology

Internal revenue comes from the simple idea of money the government collects from inside the country. The word internal means 'inside' and revenue means 'money collected', so the phrase points to taxes and income 'from within the country', not money from trade with other countries.