# tax rate

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## 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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

## tax rate

The percentage used to calculate various taxes.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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marginal rates might trigger increased tax avoidance activity and
Due to the nature of the DEA efficient frontier, marginal rates are not uniquely defined in the extreme efficient units on the frontier and hence, we should calculate the marginal rate of substitution to right and left.
The marginal rate of substitution between any two factors diminishes as one factor increases.
As we can notice, the tax burden in the second case, expressed by marginal rate, shows an upward trend even if the statutory rate is proportional.
Corporate-level tax S corporation C corporation Taxable income 0 \$2,000,000 Marginal rate n/a 28% Tax 0 \$560,000 Individual-level tax Taxable income \$2,000,000 0 Marginal rate 35% n/a Tax \$700,000 0 Total tax \$700,000 \$560,000 Corporate-level tax S corporation C corporation Taxable income 0 \$2,000,000 Marginal rate n/a 28% Tax 0 \$560,000 Individual-level tax Taxable income \$2,000,000 0 Marginal rate 35% n/a Tax \$700,000 0 Qualified dividends tax Qualified dividends 0 \$250,000 Gualif led dividends rate 15% 15% Tax 0 \$37,500 Total tax \$700,000 \$597,500
Key words: Economic analysis, marginal analysis, marginal rate of return.
Dollars were sold at a marginal rate of NGN151.01 compared to NGN150.96 at the previous auction held on March 14.
Chris says for those able to pay such a level of contribution, this will remain an attractive proposition, because it has been suggested that full tax relief at your marginal rate will be allowable.
That represents a small decline from a marginal rate of 0.64% at the corresponding operation last week.
With 2010 tax rates for a person filing a joint return as a married person, the 35% marginal rate occurs at incomes over \$373,650.
A new KPMG report explains why: South Africa has one of the most severe tax regimes in the world: its marginal tax of 40% is over 10% higher than the global norm and the marginal rate takes effect at a lower level than most other countries.
Question--What tax rate should be used to evaluate the benefit of deferring income to future years, the effective rate of tax to be paid on income for the year or the marginal rate of tax?

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