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

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

“I don’t expect my marginal tax rate to be materially different in the future.”

From The Wall Street Journal ● Aug. 16, 2026

The corporate tax rate has declined from 35% in the 1990s to 21%.

From MarketWatch ● Jul. 31, 2026

Low business taxes—the maximum tax rate is 18%—and easy incorporation rules have induced about 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues.

From The 1999 CIA World Factbook by United States. Central Intelligence Agency