tax base


tax base

noun

: the amount of money or property that can be taxed within an area

Full Definition of TAX BASE

:  the wealth (as real estate or income) within a jurisdiction that is liable to taxation

Examples of TAX BASE

  1. an area with a large tax base

First Known Use of TAX BASE

circa 1943

Browse

Next Word in the Dictionary: tax bond
Previous Word in the Dictionary: taxator
All Words Near: tax base

Seen & Heard

What made you want to look up tax base? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More