tax rate

American  

noun

1. the percentage of the value of a property to be paid as a tax.

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tax rate British  

noun

1. the percentage of income, wealth, etc, assessed as payable in taxation

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Etymology

Origin of tax rate

First recorded in 1875–80

Example Sentences

See Examples For:

tax rate

The 55-year-old, who has a two-star Michelin restaurant in Nottingham, said a reduction in the tax rate "would help" but uncertainty about the cost of living was the biggest issue.

From BBC ● Jul. 28, 2026

The company said the better-than-expected quarterly earnings were primarily due to higher operating profit, a lower effective tax rate, and lower net shares outstanding.

From Barron's ● Jul. 1, 2026

It has previously disclosed that its use of an Ireland hub helped lower the tax rate below the U.S.’s 21% statutory rate.

From The Wall Street Journal ● Jun. 30, 2026

But in many areas of the U.S., the property tax rate will be stepped up and based on how much you pay for the home.

From MarketWatch ● Jun. 23, 2026

One provision of the bill was, that the expenses of these schools should be borne by the inhabitants of the county, every one in proportion to his general tax rate.

From Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson, Volume 1 by Randolph, Thomas Jefferson