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

The tax reimbursement estimate for Zaslav, who lives in New York, was “calculated based on a 20.00% excise tax rate and an estimated effective tax rate of 54.126% ,” Warner said.

From Los Angeles Times • Apr. 9, 2026

"That difference in the tax rate makes a huge difference to your competitiveness," she said.

From BBC • Apr. 6, 2026

The exception is a 15% tax rate on drugs coming from the European Union, Japan, South Korea, and Switzerland and Liechtenstein.

From Barron's • Apr. 2, 2026

At a 35% tax rate, that’s roughly $8,750 in taxes I would prefer to avoid.

From MarketWatch • Mar. 23, 2026

In most localities, the tax rate is based principally upon the costs of building and maintaining highways and schools.

From A Living from the Land by Duryee, William B.