Tax Rate

(redirected from Effective rate)
Also found in: Dictionary, Thesaurus, Legal, Financial.
Related to Effective rate: Effective tax rate
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Tax Rate


the amount of tax levied per unit of taxation, for example, per hectare of land or per ruble of income.

The tax rate expresses the norm of tax collection and is set by legislation. Tax rates may be fixed, proportional, progressive, and regressive. Fixed tax rates are established as an absolute sum per unit or object taxed, regardless of the amount of income, and are ordinarily used in taxing small plots of land. In the USSR, fixed rates are applied in collecting the agricultural tax on the private plots of kolkhoz members. Proportional tax rates are set at a definite percentage of income, regardless of the total amount. In the USSR, for example, proportional rates are used to levy an income tax on the income earned by consumer cooperative societies.

Progressive tax rates increase as the amount of taxable income increases. A distinction is made between simple and complex, or sliding, progressions. Under a simple progression, the rate increases with the amount of taxable income and is applied to the total amount of income or total value of the object being taxed. Under a complex progression, the rate increases only for the portion valued in excess of a predetermined preceding step. Progressive rates are used primarily in the levying of income taxes on the populace of the USSR and foreign countries.

Regressive tax rates diminish as the amount of income increases. Regressive taxation is clearly seen in the mechanism of indirect taxes on consumer goods that exists in every capitalist country. Under capitalism, special tax rates are frequently used to give certain advantages to large companies and corporations.


The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
Publication bias was assessed quantitatively for the outcome of effective rate. The other studies were judged as unclear because of the limited number of trials.
To our knowledge, however, no studies have examined which states, by political party control, decided to establish an effective rate review program and create an anticipated loss ratio requirement that is consistent with the federal retrospective medical loss ratio requirement.
In 2009 and 2010, MRSK regional branches operating under RAB demonstrated electricity loss rates generally in line with the normative rates, which therefore had a neutral effect on the effective rate of return on RAB.
Chris Wichers, the company executive vice president, said, 'Accurate and effective rate updates are important to our clients.
Companies should consider paying dividends before April 6 (when they are taxed on shareholders at an effective rate of 25%) rather than after (when those with income over pounds 150,000 will pay tax at an effective rate of 36.11%).
Investors in TIDZs are entitled to 10-year profit tax exemption and to 50% reduction of personal income tax for a period of 5 years, so that the effective rate of personal income tax will amount to 5%.
For non combat (sustained): 50 rounds per minute effective rate of fire, which means any combination of bursts not to exceed 50 rounds within a one minute period.
Question--What tax rate should be used to evaluate the benefit of deferring income to future years, the effective rate of tax to be paid on income for the year or the marginal rate of tax?
The effective rate shows the yen's trade-weighted value against 15 major currencies, such as the U.S.
Then, using data from a sample company's publicly available financial statements, the article develops a simulated "average effective rate" of R & E credit for each of these states for calendar years 2002-2004.
Suppose an existing company makes pounds 100 of net income, pays tax of 30% and distributes the after tax amount: what is the effective rate of tax for the shareholder on the pounds 100 earned?
It would be difficult not to do better privately than the effective rate of return on my large Social Security tax, especially if the Washington solution ends up being to raise the Social Security tax even more.

Full browser ?