Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tax rate”

tax rate

noun [C]
 
 
TAX, FINANCE
the percentage of an amount or value that has to be paid in tax: Tax rates have declined so we keep more of what we earn.a 10%/12.5%/ 31%, etc. tax rate The rules allow firms to treat their earnings as capital gains, which attracts a 10% tax rate. A tax rate of 36% applies to all taxable income in excess of the stipulated amount.a low/high tax rate A lower tax rate helped boost net profits by 41% to $454 million.corporate/corporation/individual tax rate In Germany, corporation tax rates are lower than in this country.property/capital gains/sales tax rate Florida property tax rates generally range from 0.2 cents to 0.25 cents per $1,000 of assessed value.
→  See also effective tax rate , marginal rate
(Definition of tax rate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of tax rate?
Add Cambridge dictionaries to your browser to your website

Word of the Day

derivative

If something is derivative, it is not the result of new ideas, but has been developed from or copies something else.

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More