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

High value residents pay a 20% tax rate on the first £1.25m of worldwide income, external.

From BBC ● Oct. 9, 2026

Their tax rate on the sale would be 18.8%, and they would need to sell about $11,000 of stock.

From The Wall Street Journal ● Oct. 8, 2026

Under the current rules, estates worth more than £325,000, or £500,000 if a home is left to children or grandchildren, can face a 40% tax rate on assets above the threshold.

From BBC ● Oct. 7, 2026

Your tax rate, your income and even your filing status is likely to change at some point.

From MarketWatch ● Sep. 22, 2026

Every penny in the pound in the tax rate produces 2,500,000 pounds sterling, or $12,500,000, nearly one half the national income tax of the United States for 1913.

From The Audacious War by Clarence W. (Clarence Walker) Barron