tax base

tax base


: 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


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

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