Vocab Bloom Hub

tax base

/ˈtæks beɪs/

1 entry

phrase

/ˈtæks beɪs/C1formallegal
  • ruОбщая сумма активов, доходов или экономической деятельности в пределах определенной юрисдикции, которая подлежит налогообложению со стороны государственного органа.

The total amount of assets, income, or economic activity within a specific jurisdiction that is subject to taxation by a government authority.

  1. Total taxable resourcesC1formal

    The total amount of assets, income, or property within a jurisdiction that can be taxed by a government.

    ruНалоговая база

    • The city's tax base has grown due to new businesses opening.
    • A shrinking tax base can lead to budget cuts for public services.
    • Local governments rely on a strong tax base to fund schools and infrastructure.