Tax Rate


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Related to Tax Rate: Income Tax Rate

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 ?
BNA Sales Tax Rates is easily customized and can be used to automate delivery of access links to the latest sales tax rates, which can be aligned with customers' unique processes.
I look at the tax rate of surrounding communities and the disparity between our tax rate and their tax rate, and our services and lack thereof, and we are looking at the possibility of an adjustment being made in the future for various reasons, and I think there is real cause for alarm.
In their annual filings, corporations figure out their effective tax rate internally, and they often include what they pay to states and localities (net of deduction).
Determining the impact of income tax rate cuts on employment, savings, and productive capacity is difficult and controversial, as is accounting for the deadweight loss.
The gain is subject to a 47% financial aid assessment (after deductions and allowances) and a 15% marginal income tax rate.
A Chicago Reporter analysis of the Illinois State Board of Education data shows that school districts with the lowest property tax rates generated much more in local revenue per pupil than those with property tax rates two, three, and even five times higher.
In comparing the competitiveness of the Canadian tax system with other jurisdictions, the Government has focused on aligning Canada's tax rate structure and capital recovery provisions with other countries' rules.
If the client's expected tax rate will be higher in retirement, the Roth IRA is the better choice.
By taking advantage of these different liquor tax rates, brewers have released beer-like beverages at low prices.
California's income tax rates are already the highest in the nation and are radically disproportionate.
Since Eichel was neither willing to strongly cut Germany's very high subsidies to ailing industries nor to raise value-added tax rates or impose taxes on wealth, the German government failed to combine the requirements of achieving fiscal consolidation and stimulating efficiency and economic growth, respectively.