/tæks lɔː/ – Phrase
Definition: luật thuế.
A more thorough explanation: Tax law refers to the body of laws and regulations that govern the imposition and collection of taxes by governmental authorities. It includes statutes, regulations, and judicial decisions that determine the rules and procedures for assessing and collecting taxes from individuals and businesses.
Example: The tax law requires individuals to file their income tax returns by April 15th each year.