tax rate

American  

noun

1. the percentage of the value of a property to be paid as a tax.

---

tax rate British  

noun

1. the percentage of income, wealth, etc, assessed as payable in taxation

---

Etymology

Origin of tax rate

First recorded in 1875–80

Example Sentences

See Examples For:

tax rate

The company said the better-than-expected quarterly earnings were primarily due to higher operating profit, a lower effective tax rate, and lower net shares outstanding.

From Barron's ● Jul. 1, 2026

It has previously disclosed that its use of an Ireland hub helped lower the tax rate below the U.S.’s 21% statutory rate.

From The Wall Street Journal ● Jun. 30, 2026

But in many areas of the U.S., the property tax rate will be stepped up and based on how much you pay for the home.

From MarketWatch ● Jun. 23, 2026

That measure, which received just above the 50% needed for passage, pushed the tax rate within the city of Los Angeles to 10.25 cents for every dollar of spending.

From Los Angeles Times ● Jun. 23, 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.