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What does tax rate mean?

Updated: 4/30/2022
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Wiki User

8y ago

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The enacted tax rate is the rate that is set by the governing body. Before a tax rate becomes enacted, the governing body usually proposes a rate and holds public meetings where people can speak about the rate.

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Elyse Daniel

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1y ago
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Q: What does tax rate mean?
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Related questions

What does enacted tax rate mean?

The enacted tax rate is the rate that is set by the governing body. Before a tax rate becomes enacted, the governing body usually proposes a rate and holds public meetings where people can speak about the rate.


What is the tax table for 7.85?

I assume you mean how much is the sales tax on $7.85. That depends on the tax rate, which depends on where you are making the purchase. Item price times tax rate = sales tax.


How do you find the tax rate if you have the pre tax and after tax profit?

After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)


What tax rate increases as the tax base increases?

The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.


What is 91.00 plus tax?

The answer depends on the rate of tax.The answer depends on the rate of tax.The answer depends on the rate of tax.The answer depends on the rate of tax.


What is the tax for 85.00?

What percent is the tax rate? A tax rate of 10% would be $8.50.


A regressive tax is BEST defined as a rate of tax?

A regressive tax is a rate of tax that falls as the income rises.


The sales tax on a purchase of55 was 3.85 what was the tax rate percent?

The tax rate was about 7.5%


What is the present service tax rate?

till 31.3.2012 service tax rate : 10.30% from 1.4.2012 service tax rate : 12.36%


In making financial decisions the relevant tax rate is the?

The relevant tax rate is the marginal tax rate in making finicial decisions.


What dose standard rate cut off point mean?

This is the highest possible income you can earn in the republic of Ireland at the lowest tax rate. Any income that exceeds the standard rate cut-off point will be taxed with the next higher tax rate.


How do you define ct rate?

CT rate or a corporation tax rate is the rate of tax due from company profits.