tax rate

American

noun

the percentage of the value of a property to be paid as a tax.

tax rate British

noun

the percentage of income, wealth, etc, assessed as payable in taxation

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of tax rate

First recorded in 1875–80

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

California tightened its property-tax rules in 2021 to limit the circumstances in which heirs can keep a parent’s low tax rate.

From The Wall Street Journal

Analysts cited lower-than-expected gross and operating margins, partly due to an ERP transition, and a tax rate boost as investor concerns.

From Barron's

Their governments have eased visa rules and passed tax codes that let U.S. citizens experience Europe on American-style tax rates.

From The Wall Street Journal

Britain’s top tax rates reached 95% on “unearned” income—or, as Harrison put it, “one for you, nineteen for me.”

From The Wall Street Journal

Prior to last year, council tax rates had been frozen or capped for much of the past 20 years.

From BBC

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023