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

Britain’s top tax rates reached 95% on “unearned” income—or, as Harrison put it, “one for you, nineteen for me.”

From The Wall Street Journal

Prior to last year, council tax rates had been frozen or capped for much of the past 20 years.

From BBC

What matters most is your specific county’s tax rate, including any relief available for seniors or heads of household.

From MarketWatch

More countries have recently raised their corporate tax rates than lowered them, sometimes significantly, as governments seek revenue to fund social programs and defense.

From The Wall Street Journal

However, the government could only generate a significant increase in revenues by raising income tax rates, something Starmer pledged not to do ahead of the 2024 election.

From The Wall Street Journal