tax burden

tax burden

the total amount of TAXATION paid by the citizens of a country in the form of INCOME TAX, CORPORATION TAX, VALUE-ADDED TAX, etc.

tax burden

the total amount of TAXATION paid by the citizens of a country in the form of income tax, corporation tax, value-added tax, etc. The total amount of tax as a proportion of GROSS NATIONAL PRODUCT gives some indication of the overall tax burden. See also INCIDENCE OF TAXATION.
References in periodicals archive ?
In order to support working Kazakhstanis with relatively low salaries, it is proposed to decrease tax burden on them by 10 times starting from 1 January 2019, which means tax burden on them will be only 1%.
It is unsustainable for Australia to continue to impose such a high tax burden on new investment on our manufacturing, services and mining industries.
In this study, we estimate the portion of income captured by consumption and excise taxes for different income groups, considering the proportion of the tax burden associated with excise taxes.
Half of the annual income of every Bulgarian is returned to the treasury in the form of personal tax burden, showed estimates of the economists at the Institute for Market Economy.
Assessment of the impact of legislative changes on the taxpayers' tax burden is also becoming a subject of investigation.
Synopsis: Residents living in states that have a high aggregated tax burden relative to other states are more likely to report they want to leave their state.
That annual tax burden is similar in magnitude to fund expenses, including management fees, which tend to receive more attention from investors and scholars when they analyze the built-in costs of funds' investments.
3) Even this lightened tax burden is increasingly invisible.
ySTANBUL (CyHAN)- The net tax burden for an average married worker with two children accounted for 25.
Utah's tax burden is the lowest in the past 20 years.
Summary: Despite hikes in both income tax rates and value-added tax, Spain is one of the few wealthy countries in the world to have an lower overall tax burden now than before the economic crisis, a new report from the OECD shows.
2012) simulate the impact of a CCTB on the effective tax burden of companies in all 27 EU member states.