tax base


Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia.
Related to tax base: tax rate, Tax burden
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax base - collective value of taxable assets
assets - anything of material value or usefulness that is owned by a person or company
References in periodicals archive ?
18) As to stability, the property tax base is the most stable tax base.
With almost half the tax base spread out among less than 4,000 businesses, she says shifting more onto commercial property owners ultimately affects their bottom line.
By adopting this approach, Quebec's tax base will remain consistent with the federal government's tax base and its competitiveness with the Ontario government's tax base will be enhanced.
Alabama law grants a resident company considerable leeway in controlling both its tax base and its tax liability.
To be globally competitive, TEI said, Canada must not only continue its phased reduction of corporate tax rates, but also change its tax base, including adoption of a formal loss-transfer system.
After 2005, the tax base for local jurisdictions has to be identical to the state tax base, with certain exceptions.
The submission is the outgrowth of the European Chapter's participation in a workshop held by the Commission on March 18 on the use of IAS in developing a consolidated tax base for EU-wide activities.
Legislatures still choose what is taxable and exempt, but will use the common definitions for key items in the tax base.
An income tax generally taxes all types of income and computes the tax base using financial reporting concepts.