graduated tax


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Related to graduated tax: progressivity, Graduated income tax
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.graduated tax - any tax in which the rate increases as the amount subject to taxation increases
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
References in periodicals archive ?
the new graduated tax rates of zero to 35 percent based on taxable income.
However, they are automatically subject to the graduated tax rate even if the flat eight percent income tax rate is initially selected when their gross sales or receipts exceeded the VAT threshold during the taxable year.
For income earners of over P250,000, graduated tax rate of 20 percent to a maximum rate of 35 percent shall be imposed.
These changes, which are now law, will tax certain trusts at the top marginal tax rate rather than the lower graduated tax rates that some trusts currently pay.
A lot of ideas have been thrown around, such as instituting a tax on services--the largest growing sector of businesses; having a graduated tax that is more friendly to small start-up businesses or returning to the corporate tax structure, which may have been forgiven for the flaws that got it axed in favor of the SBT.
The plan includes a tax exemption policy that offers graduated tax breaks to developments the further west they are located.
1348 imposed a ceiling on the graduated tax rate applicable to personal service income, defined in IRC secs.