tax base

American

[taks beys] / ˈtæks ˌbeɪs /

noun

the total value of property, income, or other assets that can be taxed by a governing authority, such as a city, town, or state, used to calculate tax rates.

The town is primarily residential, with commercial and industrial properties making up only 10 percent of the tax base.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

That, in turn, could bring jobs, strengthen the tax base, and improve quality of life.

From Science Daily • May 6, 2026

Real estate is a natural tax base for the city.

From Barron's • Apr. 17, 2026

Property values along Baxter Road are already falling, and oceanfront homes account for a hefty portion of the island’s tax base.

From The Wall Street Journal • Apr. 8, 2026

The transition doesn’t mean the U.S. corporate tax base has been eroded.

From MarketWatch • Apr. 7, 2026

On the contrary, by shrinking the tax base and the recruitment pool, conversion were unwelcome and closely scrutinized by the Turks.

From Terrorists and Freedom Fighters by Vaknin, Samuel

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023