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tax base

 

Definitions from WordNet

Noun tax base has 1 sense
  1. tax base - collective value of taxable assets
    --1 is a kind of
    assets

Definitions from the Web

Tax Base

Noun:

1. The total amount of economic activity subject to taxation within a particular jurisdiction.

Example Sentence: The government is considering widening the tax base to include additional sources of revenue.

Related Products: Tax Planning Books

Noun:

2. The assessed value of all taxable property, assets, and income within a given area by which taxes are calculated.

Example Sentence: The local municipality increased the tax base, resulting in higher property tax bills for homeowners.

Related Products: Tax Software

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