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.


Income Tax; Taxation.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
According to the latest journal of the National Tax Research Center (NTRC), there is still an increasing volume of removals of fermented liquors and distilled spirits from factories, as well as a high prevalence of alcoholic drinkers in the country despite the rise in excise tax rates for alcoholic products.
He urged that provinces should also abolish CVT and stamp duty on purchase of property and impose only 1 percent tax rate.
Tax experts believe that the fears that the progressive tax rate, no matter the rate and threshold, would give rise to tax evasion aren't justified.
But the tax rates you pay are probably very different from what owners pay elsewhere.
Abbasi said for those who earn over Rs4.8 million annually, the income tax rate will be only 15%.
Knowing your true tax rate can help you make knowledgeable financial decisions, some of which are explained elsewhere in this issue.
It is estimated that after the tax rate hike for estate and gift tax goes into effect, around NT$6.3 billion will be funneled into the long-term care program annually.
In conclusion, increasing the lowest marginal tax rate and reducing the lower income bound of the highest tax bracket increases individual income tax revenues as a percentage of GDP.
For Apple, KeyBanc now expects a potential tax rate change from its current 25.5 percent estimate to 12.3 percent in 2018.
The fitment committee is likely to hold more meetings before the GST Council's meeting on May 18-19, where tax rates for different products and services are to be finalised to enable the rollout of the biggest tax reform.
tax regulations, interest income and short-term capital gains are taxed at the ordinary income tax rate while long-term gains are taxed at a lower capital-gains rate.
( Hawaii topped the list as the state with the lowest effective real estate tax rate, which was just 0.27 percent.