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

"That difference in the tax rate makes a huge difference to your competitiveness," she said.

From BBC • Apr. 6, 2026

The exception is a 15% tax rate on drugs coming from the European Union, Japan, South Korea, and Switzerland and Liechtenstein.

From Barron's • Apr. 2, 2026

At a 35% tax rate, that’s roughly $8,750 in taxes I would prefer to avoid.

From MarketWatch • Mar. 23, 2026

Xylem, a water-technology company, reported saving $19 million, or 1.6 percentage points, on its tax rate, because of Malta’s “notional interest deduction.”

From The Wall Street Journal • Mar. 20, 2026

Work incentives may be more guided by the average tax rate rather than the statutory marginal tax rate.

From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas