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Tax Rate
(redirected from Statutory rate)

   Also found in: Financial, Wikipedia 0.02 sec.

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.



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75 percent, or one half of the statutory rate of 17.
P's effective tax rate in each state equals 25% of the statutory rate (i.
This case points out for CPAs the split in the circuits about fees in excess of the statutory rate as well as the special rules for qualified offers.
 
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