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Tax Rate |
Also found in: Financial, Wikipedia | 0.01 sec. |
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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-referencesHow to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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one that goes beyond the statutory tax rate itself and takes the overall impact of the business tax system on investment decisions into account. If the loss carryovers would be absorbed by domestic profits in future years, such that the export profits merely accelerate the absorption of loss carryovers, the MTR on such profits would be lower than the statutory tax rate otherwise applicable, but not zero. The United States has tax treaties with many countries, which may reduce the statutory tax rate for income paid to U. |
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