Corporate Tax Rate
/ˈkɔːrpərət tæks reɪt/
Definitions
- (n.) The percentage at which a corporation's taxable income is taxed by the government.
The corporate tax rate was increased to fund public infrastructure projects.
Forms
- corporate tax rate
- corporate tax rates
Related terms
See also
Commentary
The corporate tax rate is a key fiscal policy tool and varies by jurisdiction; precise definition often depends on applicable tax code provisions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.