tax rate

(redirected from Effective tax rates)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.
Related to Effective tax rates: Marginal tax rates

Tax rate

The percentage of tax paid for different levels of income.

Tax Rate

A percentage of one's income that one must pay in taxes. Tax rates vary according to incomes. That is, one who makes $100,000 per year usually has a higher tax rate than one who makes $25,000. See also: Marginal tax rate, Average tax rate.

tax rate

The proportional amount of taxes paid on a given income or the given dollar value of an asset. If the tax is calculated on the basis of total income, it is the average tax rate. If the tax is calculated only on extra units of income, the rate is the marginal tax rate.

tax rate

the percentage rate at which a TAX is levied on income or expenditure. Tax rates are varied by government on social grounds (to redistribute income) and, as part of FISCAL POLICY, to increase or decrease spending.

tax rate

The percentage used to calculate various taxes.

References in periodicals archive ?
The same tax-rate-disparity test is applied by comparing the effective tax rate in the country where the sales were made and the effective tax rate in the country where the manufacturing activity occurred.
In their annual filings, corporations figure out their effective tax rate internally, and they often include what they pay to states and localities (net of deduction).
In summary, given the decline in the effective tax rate on capital in 2009, the effective tax rate on the cost of doing business, which is an aggregate of the effective tax rates on labour and capital, declines from 23.
multinationals, in fact, have increased opportunities to lower their effective tax rate by moving profits from higher-taxed jurisdictions to lower-taxed ones, and to take advantage of legitimate non-U.
The increase is primarily attributable to lower SG&A expenses, interest and other expense partially offset by lower net revenues, a lower gross margin and a higher effective tax rate.
Thus, marginal effective tax rates are better suited to capture disincentives to investment.
One development was the growing consensus among tax economists and policy analysts that capital taxation reform should focus on equalizing marginal effective tax rates among different types of assets so as to end severe tax nonneutrality significantly affecting efficiency of capital allocation through distortion by uneven investment incentives.
As previously stated the effective tax rate for 1994 was 40% compared to only 26% in 1993.
Although this is generally good news for married taxpayers, the change in the effective tax rates further depreciates the "value" of NOLs.
According to Congressional testimony offered by Kenneth Kies, a tax expert with PricewaterhouseCoopers and former chief of staff of the Joint Committee on Taxation, effective tax rates for corporations have been flat or rising over the past five years.
The company's after-tax earnings from continuing operations for the third quarter of both 1993 and 1992 benefited from reductions in the company's estimated effective tax rates.
Mead, senior research associate with the Citizen's Budget Commission, said the real issues are the class shares and the effective tax rates.

Full browser ?