0 the total value of all the income, property, etc. on which tax is charged: --
The city's commercial development will keep the tax base and the economy healthy.
1 the combined value of everything such as income, property, and other assets in a city, country, etc. on which tax is charged: --
This estimation must be done annually because of the uninterrupted changes in the legislation that directly affect the tax base.
As mentioned, the tax base is calculated from national accounts.
In other words, the nett effect of population movement on the local tax base was clear : there wealth moved out, but so too did destitution.
I construct an economic classification of taxes that depends on systematic differences in the tax base.
A decrease in the working population would then worsen the budget constraint problem by shrinking the economy and the tax base.
Until 1998 only bond returns were included in the tax base but subsequently also stock returns were taxed at a flat 5 % tax rate.
In a state that has a relatively meager tax base and a struggling educational system, proper school land management is important.
This argument holds that the legitimate tax base for financing basic income consists of unequal external endowments rather than the unequal internal endowment of productivity.
