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

California, at the other end of the scale, had an effective tax rate of 16.9%.

From The Wall Street Journal ● Sep. 9, 2026

While traditional corporations face a 21% tax rate on their profits, shell companies are often organized as privately owned “partnerships” that do not pay tax directly.

From MarketWatch ● Aug. 27, 2026

Originally, the bill called for raising the payroll tax rate by one-tenth of a percentage point a year, to an employer/employee combined 14.8% by the 2040.

From Los Angeles Times ● Aug. 18, 2026

If my marginal tax rate is likely to be about the same whether I convert now or pay the tax later, is there a meaningful advantage to doing Roth conversions in my situation?

From MarketWatch ● Aug. 15, 2026

One of the first fruits of the establishment of a reform club in any locality, is an increase in church attendance, and a decrease in the tax rate.

From Grappling with the Monster The Curse and the Cure of Strong Drink by T. S. (Timothy Shay) Arthur