释义 |
average rate of taxation average rate of taxation the total TAX paid by an individual divided by the total income upon which the tax was based. For example, if an individual earned £10,000 in one year upon which that individual had to pay tax of £2,500, the average rate of taxation would be 25%. See STANDARD RATE OF TAXATION, MARGINAL RATE OF TAXATION, PROPENSITY TO TAX, PROPORTIONAL TAXATION, REGRESSIVE TAXATION, PROGRESSIVE TAXATION. |