tax rate

(redirected from Tax-exclusive)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

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 ?
In general, suppose that the tax-exclusive ad valorem tax rate imposed on good i is denoted [t.
1] denote the tax-exclusive and tax-inclusive price of petrol per litre.
In addition to valuation discounts for gifts of minority interests and lack of marketability, the tax-exclusive nature of the gift tax as opposed to the tax-inclusive nature of the estate tax can lead to significant tax savings.
The ability to make sales of gasoline at a tax-exclusive price to institutional buyers (such as school districts, local governments or police departments) is a competitive advantage over persons who sell only at retail.