Definition of Tax base:
The tax base is defined as the total value of assets, property or income in a particular region or jurisdiction. .
Taxes are based on the additional value of assets or income that the tax authority can usually collect from the government. It is used for taxable collection. It can take many forms, including rent or property.
On which measure the tax is assessed or assessed. For example, taxable profit is the basis of income tax and assessed value is the basis of property tax.
Total taxable assets, income and immovable property under state tax jurisdiction.
How to use Tax base in a sentence?
- You will need to know your tax base later so that you have a sufficient budget to meet your needs.
- You should always know the basis of the tax so that you can incorporate it into your company's finances.
- There is no change in the tax base, so our new report will be the same as in previous years because the tax situation is the same.
Meaning of Tax base & Tax base Definition