tax rate
n.
The percentage of income or purchase price that must be paid in tax; see also tax bracket

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


tax rate
n. A percentage of net income used to compute one's income tax liability. Currently, there are three brackets for computing federal income tax. The percentage one pays increases, as income increases, enough to move one from one bracket into a higher one of those three.
See also tax.

Webster's New World Law Dictionary. . 2000.


tax rate
The amount of charges imposed by the government upon personal or corporate income, capital gains, gifts, estates, and sales that are within its statutory authority to regulate.

Dictionary from West's Encyclopedia of American Law. 2005.


tax rate
The amount of charges imposed by the government upon personal or corporate income, capital gains, gifts, estates, and sales that are within its statutory authority to regulate.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • tax rate — n. the percentage of income, property value, etc. assessed as tax …   English World dictionary

  • Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy …   Wikipedia

  • tax rate — The percentage of tax paid for different levels of income. Bloomberg Financial Dictionary * * * tax rate tax rate ➔ rate1 * * * tax rate UK US noun [C] TAX, FINANCE ► the percentage of an amount or value that has to be paid in tax: »Tax rates… …   Financial and business terms

  • Tax Rate — 1. The rate at which a business or person is taxed on income. 2. The rate of tax on good and services. 1. For example, consider an individual with an income tax rate of 30%. For every $100,000 that individual makes, $30,000 ($100,000 x 0.30) must …   Investment dictionary

  • tax rate — Amount of tax imposed on personal or corporate income, capital gains, gifts, estates, sales, etc. See also tax rate schedules. Marginal tax rate. The tax rate on the last dollar of taxable income earned by an individual or firm …   Black's law dictionary

  • tax rate — noun rate used to calculate tax liability • Hypernyms: ↑rate, ↑charge per unit * * * the percentage of the value of a property to be paid as a tax. [1875 80] * * * tax rate, the rate of taxation especially on income, land, or other holdings, or… …   Useful english dictionary

  • tax rate — The rate of levy; the fraction or decimal of the assessed value to be paid as a tax. The graduated rate at which an income, estate, or gift tax is imposed. The provision that state taxation of national bank shares shall not be at a greater rate… …   Ballentine's law dictionary

  • tax rate — noun A rate, usually a percentage rate, at which something is taxed …   Wiktionary

  • tax rate — the percentage of the value of a property to be paid as a tax. [1875 80] * * * …   Universalium

  • tax rate — percentage of tax imposed on income …   English contemporary dictionary

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