tax rate

noun

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

tax rate

noun

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

Word History and Origins

Origin of tax rate¹

First recorded in 1875–80

Example Sentences

Does the government have a mandate for that in this parliamentary term, having ruled out changes to the main tax rates?

From BBC

Under current rules, councils in England providing social care services can increase tax rates by up to 5%, while others can increase rates by up to 3%.

From BBC

In the recent Budget, Labour raised the levy to 38% - meaning the total tax rate on the companies is now 78% - and extended it by a further year.

From BBC

Firms that sign up only have to pay a corporation tax rate of 7%.

From BBC

He has promised not only to extend expiring provisions in his massive tax cuts in 2017, passed during his first term, but to drive the corporate tax rate down even further.

From Los Angeles Times