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

Vietnam has prepared a draft decree that would slash import tax rates to zero on certain petroleum products in a bid to "stabilise the domestic market", its finance ministry has said.

From Barron's

California tightened its property-tax rules in 2021 to limit the circumstances in which heirs can keep a parent’s low tax rate.

From The Wall Street Journal

Analysts cited lower-than-expected gross and operating margins, partly due to an ERP transition, and a tax rate boost as investor concerns.

From Barron's

Their governments have eased visa rules and passed tax codes that let U.S. citizens experience Europe on American-style tax rates.

From The Wall Street Journal

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