effective tax rate.A definition of the term effective tax rate is presented. It refers to the average tax rate applicable to a given transaction, whether it is income from work undertaken, the sale of an asset or a gift, taking into account personal allowances and scales of tax....
definition, examples & more february 9, 2023 | 4 min read the irs processes millions of tax returns each year. while each federal tax return is unique, there’s at least one metric they have in common—the effective tax rate. the effective tax rate represents the share of income that a...
Define Effective rate. Effective rate synonyms, Effective rate pronunciation, Effective rate translation, English dictionary definition of Effective rate. n the percentage of income, wealth, etc, assessed as payable in taxation Collins English Dictionary
tax rate(redirected from Effective rates)Also found in: Thesaurus, Legal, Financial, Encyclopedia. Related to Effective rates: Effective Rates of Protectiontax rate n (Economics) the percentage of income, wealth, etc, assessed as payable in taxation Collins English Dictionary – Complete and ...
Effective Rate Dictionary Thesaurus Financial Encyclopedia Related to Effective Rate:Effective tax rate Another name for annual percentage rate that refers to the amount of yearly interest to be charged by a lender on the money borrowed by a debtor. ...
The meaning of EFFECTIVE is producing a decided, decisive, or desired effect. How to use effective in a sentence. Comparing Efficient, Effective, and Proficient Synonym Discussion of Effective.
Effective Tax Liability means (a) the Non-availability in whole or in part of any Relief which has been taken into account in preparing the Balance Sheet (in which case the value of the Effective Tax Liability shall be the amount of the repayment which is not available if the relevant Reli...
Effectivenext month, the landfill will no longer accept old televisions. 4 always used before a noun used to describe something that exists or has an effect but that is not officially stated or recognized theeffectivetax rate The army has takeneffectivecontrol of the city. ...
Other nations charge a flat tax rate or a regressive tax rate. Understanding Tax Rates To help build and maintain a nation's infrastructure as well as to support social services, a government taxes its residents. The tax collected is used for the betterment of the nation, society, and all ...
The effective tax rate is the percent of income or pre-tax profits that an individual or a corporation pays in taxes.