Tax Rate

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Related to Effective tax rates: Marginal tax rates

Tax Rate

The amount of charges imposed by the government upon personal or corporate income, capital gains, gifts, estates, and sales that are within its statutory authority to regulate.

Tax rate schedules are utilized by taxpayers whose taxable incomes exceed certain designated amounts. Separate schedules are provided for married individuals who file jointly, unmarried people who maintain a household, single people, estates, trusts, and married couples who file separate returns.

Cross-references

Income Tax; Taxation.

References in periodicals archive ?
The effective tax rate on the income of the French CFC is 34%.
According to one study, the effective tax rate has shrank to close to 10 percent.
2) Yet during that time, marginal effective tax rates were much lower for manufacturing than the service industries.
The financial markets recognize that the savings generated by a lower effective tax rate generally translate into larger cash resources, lower-cost financing of operations and increased dividends.
The reduced net loss in this seasonally slow quarter was primarily the result of increased net revenues, lower selling, general and administrative (SG&A) expenses, partially offset by a lower gross margin and a significant adjustment in the effective tax rate in the prior year quarter.
1) Fullerton (1984) gives several reasons why average effective tax rates may not accurately measure the disincentives to investment created by the tax code, however.
The chief methodology for applying this conceptual approach has been the King-Fullerton framework for comparing marginal effective tax rates for different types of assets in different countries.
NEW YORK -- The proposal for international tax reform around deferral rules, introduced by the Obama administration on May 4, 2009, could increase the effective tax rate for several consumer product companies and thereby lower their cash flow from operations, according to a report issued by Fitch Ratings.
Also, the dividends can be excluded as subpart F income if the foreign country taxes them at an effective tax rate greater than 90% of the maximum U.
The effective tax rate for the third quarter 1994 was 40% compared to only 28% for the same period 1993.
Any system short of full valuation," he noted, "creates a confusing distinction between an effective tax rate and the nominal tax rate.
Effective tax rates for long-term taxable gains are as follows: 1985-1986 = 20%; 1987-April 1997 = 28%; May 1997-May 5, 2003 = 20%; May 6, 2003-December 2006 = 15%.

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