tax base
Revenue calculation foundation
The tax base is the total value of assets, income, or economic activity that a government can tax.
A city's tax base might be the assessed value of all property within its limits; a country's income tax base is total taxable earnings.
The new factory will expand the tax base.
A shrinking tax base means less revenue unless rates increase.
- levyCompulsory government charge
- revenue streamContinuous source of earnings
- assessmentFormal evaluation of worth
- broadeningIncreasing in extent
- property valuationEstimating real estate worth
fair share · erosion · exemption · appraisal · assessed value · coffers · municipal · local government · threshold · fiscal · wealth · commerce · residents · corporate · jurisdiction · loopholes · landowners · fiscal policy
- taxationVAT, withholding, deductions, deduction, taxpayers
- US TaxationIRS, federal taxes, withholding, deductions, income brackets
- corporate taxesdeductions, exemptions, loopholes, write-offs, deferrals
- income taxdeductions, IRS, Form 1040, withholding, refund
- property taxesrates, property assessment, property appraisal, assessed value, local rates
- public financepublic debt, budget deficit, budgets, expenditure, public spending
tax basedeductions
Conclusions from reasoning
tax exemption · tax exemptions · tax shelter · tax shelters · tax haven
tax basegovernment expenditure
Funds disbursed by authorities
public spending · subsidies · entitlements · welfare benefits
base, tax, taxing, taxation, taxpayer, sales tax, income tax, taxable, untaxed