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 exact tax rate would vary depending on the city.

From Los Angeles Times • May 12, 2026

A poorly timed conversion could eliminate deductions worth tens of thousands of dollars, effectively raising your true tax rate far beyond what your bracket suggests.

From MarketWatch • May 8, 2026

Funders, by contrast, dress up their investments as prepaid forwards and claim capital gains treatment, lowering their top federal tax rate to 23.8% while exempting foreign funders from U.S. taxes entirely.

From The Wall Street Journal • May 5, 2026

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

For one thing, the tax rate is likely to be higher in such areas than in the open country, thus adding to overhead without compensating advantages.

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