tax base

American  

[taks beys] / ˈtæks ˌbeɪs /

noun

1. 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.

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Example Sentences

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

From MarketWatch • Apr. 7, 2026

She replied, with a hint of sarcasm, that “maybe the first step should be to go down to Palm Beach and see who we can bring back home because our tax base has been eroded.”

From The Wall Street Journal • Mar. 20, 2026

Citrini Research, an independent publisher, posted an article Sunday imagining a 2028 in which AI advancements have triggered mass white-collar layoffs, upended asset managers, and resulted in a shrinking tax base.

From Barron's • Feb. 23, 2026

The Treasury said that business rates would be adjusted to reflect changes in the overall value of the tax base, "so that the system continues to raise the same amount of revenue in real terms".

From BBC • Oct. 25, 2025

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