The phrase
"tax base" refers to the total amount of income, property, or goods that are subject to taxation within a particular jurisdiction, such as a country or a state. It represents the foundation or source from which taxes are collected by the government.
Full definition
Similar and related words and phrases are presented below.
«tax»
«base»
Related phrases
Sentences with «tax base»
- The tax man sets the amount of taxes based on the different notions of income. (humblefi.com)
- The components of nominal GDP represent the applicable tax bases for personal and corporate income tax revenues, which represent about 60 % of total federal revenues. (3dpolicy.ca)
- Yet, most of these home owners continue to pay property taxes based on that higher value. (realtormag.realtor.org)
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sentences)