Tax Base in a sentence
Synonym: taxable income, revenue.
Meaning: The total amount of assets or income that can be taxed.
(1) The city was reannexed to expand its tax base.
(2) The tax base is the total income subject to taxation.
(3) A shrinking tax base can be a sign of economic decline.
(4) The cannery was a major contributor to the local tax base.
(5) Property-owning businesses contribute to the local tax base.
(6) The broadening of the tax base will help fund public services.
(7) A growing tax base can lead to economic growth and prosperity.
(8) The cotton mill was a major contributor to the local tax base.
(9) Out-migration can lead to a decrease in the tax base of a country.
(10) A strong tax base is essential for funding social welfare programs.
Tax Base sentence
(11) A narrow tax base can lead to revenue shortfalls and budget deficits.
(12) A diverse tax base can help mitigate the impact of economic downturns.
(13) A strong tax base can attract investors and stimulate economic growth.
(14) The government plans to widen up the tax base to generate more revenue.
(15) The municipality is annexing unincorporated areas to expand its tax base.
(16) A broad tax base ensures a more stable revenue stream for the government.
(17) A shrinking tax base can lead to budget cuts and reduced public services.
(18) A broad tax base can help reduce income inequality by redistributing wealth.
(19) The tax base is an important factor in determining a country's fiscal health.
(20) The city's strategy is to populate with new residents and expand its tax base.
Tax Base make sentence
(21) The tax base is a key consideration in budget planning and revenue forecasting.
(22) The tax base is calculated by adding up all taxable income within a jurisdiction.
(23) Increasing the tax base can help fund public services and infrastructure projects.
(24) The tax base is influenced by factors such as changes in tax laws and regulations.
(25) A robust tax base allows the government to provide essential services to its citizens.
(26) The government is exploring ways to attract foreign investment and expand the tax base.
(27) Some argue that tax havens contribute to the erosion of the tax base in other countries.
(28) The tax base is a critical component of a country's fiscal policy and economic stability.
(29) A stable tax base provides a reliable source of funding for public education and healthcare.
(30) The government is considering expanding the tax base to include additional sources of income.
Sentence of tax base
(31) The tax base is subject to periodic review and adjustment to reflect changing economic conditions.
(32) The government is working to simplify the tax system to encourage compliance and expand the tax base.
(33) The government is considering lowering tax rates to stimulate economic activity and expand the tax base.
(34) The government is implementing measures to combat tax evasion and ensure compliance within the tax base.
(35) The government is implementing measures to encourage businesses to expand and contribute to the tax base.
(36) The tax base is influenced by factors such as population growth, employment rates, and business activity.
(37) The government is exploring ways to diversify the tax base to reduce reliance on a single source of revenue.
(38) The government is working to ensure a fair and equitable distribution of the tax burden across the tax base.
(39) Transfer pricing can be a contentious issue between different countries, as each seeks to protect its tax base.
(40) The government is considering implementing a progressive tax system to ensure a fair distribution of the tax burden across different income levels within the tax base.
Tax Base meaning
Tax base refers to the total amount of income, property, or other assets that are subject to taxation within a specific jurisdiction. It is a crucial concept in understanding how taxes are levied and collected by governments. To help you effectively incorporate the term "tax base" into your sentences, here are some tips:
1. Definition and Context: Begin by providing a clear definition of the term "tax base" to ensure your readers understand its meaning.
For example, "The tax base is the aggregate value of all taxable assets, including income, property, and investments, within a particular region."
2. Examples: To illustrate the concept, provide examples of different types of tax bases. For instance, "The tax base of a country includes individual income, corporate profits, sales, and property values."
3. Jurisdiction: Specify the jurisdiction or region you are referring to when discussing the tax base. This could be a country, state, city, or any other administrative division.
For example, "The tax base of the United States is vast, encompassing the income of millions of individuals and businesses."
4. Calculation: Explain how the tax base is calculated, highlighting the factors that contribute to its determination. For instance, "The tax base is calculated by summing up the total income earned by individuals, profits generated by businesses, and the assessed value of properties within a specific jurisdiction."
5. Importance: Elaborate on the significance of the tax base in funding public services and government operations.
For example, "A robust tax base is essential for governments to generate revenue and finance public infrastructure, education, healthcare, and other essential services."
6. Variations: Discuss how the tax base can vary across different jurisdictions due to variations in tax laws, economic conditions, and demographics. For instance, "The tax base in developing countries heavily relies on indirect taxes, such as sales tax, due to the large informal sector and limited income tax contributions."
7. Impact: Explain how changes in the tax base can affect government revenue and fiscal policies.
For example, "A shrinking tax base due to economic downturns can lead to budget deficits and necessitate adjustments in tax rates or the introduction of new taxes."
8. Expansion: Explore how the tax base can be expanded through measures such as tax reforms, attracting investments, or encouraging entrepreneurship. For instance, "Governments often aim to broaden the tax base by implementing policies that promote economic growth and attract foreign direct investment."
9. Challenges: Discuss the challenges associated with accurately measuring and managing the tax base, such as tax evasion, tax avoidance, and the underground economy.
For example, "Tax authorities face significant challenges in ensuring compliance and preventing tax base erosion through illicit activities."
10. Comparison: Compare the tax base of different jurisdictions to highlight variations in tax systems and their implications. For instance, "The tax base in Scandinavian countries heavily relies on progressive income taxes, while some Gulf countries have a tax base primarily driven by oil revenues." Remember to adapt these tips to fit your specific writing style and context. By incorporating these suggestions, you can effectively use the term "tax base" in your sentences while providing a comprehensive understanding of its meaning and implications.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Tax Base. They do not represent the opinions of TranslateEN.com.