levy vs taxation

levy and taxation both are nouns.

Word	Noun	Adjective	Verb	Adverb
levy	Yes	No	Yes	No
taxation	Yes	No	No	No

As nouns, taxation is a hyponym of levy; that is, taxation is a word with a more specific, narrower meaning than levy:

levy: a charge imposed and collected
taxation: charge against a citizen's person or property or activity for the support of government

Other hyponyms of levy include revenue enhancement, tax, tithe.

levy (noun)	taxation (noun)
the act of drafting into military service	the imposition of taxes; the practice of the government in levying taxes on the subjects of a state
a charge imposed and collected	charge against a citizen's person or property or activity for the support of government
	government income due to taxation

levy (verb)	taxation (verb)
cause to assemble or enlist in military
impose and collect