Phrases with «tax base»

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

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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