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Tax base   /tæks beɪs/   Listen
Tax base

noun
1.
Collective value of taxable assets.






WordNet 3.0 © 2010 Princeton University








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"Tax base" Quotes from Famous Books



... implement economic reform measures, encourage foreign investment, and bring revenues in line with expenditures has stalled. Political unrest, including private and public sector strikes throughout 1992 and 1993, has jeopardized the reform program, shrunk the tax base, and disrupted vital economic activity. Although strikes had ended in 1994, political unrest and lack of funds prevented the government from taking advantage of the 50% currency devaluation of 12 January 1994. Resumption of World Bank and IMF ...
— The 1997 CIA World Factbook • United States. Central Intelligence Agency.

... and averaged 4.3 million for the year. In preparation for the 1 January 1999 start of the European Monetary Union, the government has made major efforts in 1996-97 to reduce the fiscal deficit. This effort has been complicated by growing unemployment, an erosion of the tax base, and the continuing transfer of roughly $100 billion a year to eastern Germany to refurbish this ex-communist area. In recent years business and political leaders have become increasingly concerned about Germany's decline in attractiveness as an investment ...
— The 1998 CIA World Factbook • United States. Central Intelligence Agency.



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