tax rate

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tax rate

n
(Economics) the percentage of income, wealth, etc, assessed as payable in taxation
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax rate - rate used to calculate tax liability
charge per unit, rate - amount of a charge or payment relative to some basis; "a 10-minute phone call at that rate would cost $5"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Of the ten American cities with the greatest discrepancy in taxes paid by new homeowners and longtime homeowners, six are inCaliforniaand two are inFlorida, where the 1992 Save Our Homes constitutional amendment similarly restricts reassessment.<br />These discrepancies are just one phenomenon explored through the study's comprehensive analysis of effective property tax rates the tax paid as a percentage of market value in more than 100 cities in every U.S.
A state think tank is recommending further increases in the excise tax rates of both alcoholic and cigarette products to effectively reduce consumption and protect the health of the public.
He stressed that the caretaker government should consider reducing tax rates on this sector to facilitate the growth of economy.
But the tax rates you pay are probably very different from what owners pay elsewhere.
ISLAMABAD -- In the single largest wage-boosting measure in Pakistan's history, Prime Minister Shahid Khaqan Abbasi announced on Thursday to increase the income tax exemption threshold by three-fold to Rs1.2 million, and cut the maximum individual income tax rates by 57% from July.
It has been widely reported that the TCJA lowers federal income tax rates for many people.
Since the mid-1970s, there has been discussion regarding the relationship between high marginal tax rates and tax revenues.
While the Act will lower the Company's future tax rate, it also required the Company to revalue its deferred tax assets and deferred tax liabilities to account for the future impact of lower corporate tax rates on these deferred amounts.
As a result of the reduction in the corporate income tax rate, the company is required to revalue its net deferred tax asset to account for the future impact of lower corporate tax rates on this deferred amount and record any change in the value of such asset as a one-time non-cash charge on its income statement.
The papers in Tax Policy and the Economy, Volume 31 are directly related to important and often long-standing issues, such as how transfer programs affect tax rates and behavior.
The fitment committee is likely to hold more meetings before the GST Council's meeting on May 18-19, where tax rates for different products and services are to be finalised to enable the rollout of the biggest tax reform.