tax base
noun
: the wealth (such as real estate or income) within a jurisdiction that is liable to taxation
Examples of tax base in a Sentence
an area with a large tax base
Recent Examples on the Web
After Kaegi’s reassessment, commercial properties would account for 51% of the city’s tax base and residential for 49%, the Tribune reported.
—
The Editorial Board, Chicago Tribune, 31 Jan. 2025
After that, buildings with declining values will contribute less to the tax base — unless they're reinvested in.
—Alexandria Sands, Axios, 30 Jan. 2025
This has been a recurring dynamic over the years: the water system collapses in some way, residents are left in dire straits, and state officials refuse to intervene, while the city loses its tax base, its appeal to investors, and its capacity to retain a vibrant multigenerational community.
—Catherine Coleman Flowers, TIME, 28 Jan. 2025
The income must be earned outside the U.S. and your tax base must also be outside of the U.S.
The Foreign Housing Exclusion (FHE) allows expats to exclude thousands in foreign housing expenses from their U.S. taxes.
—Kathleen Peddicord, Forbes, 24 Dec. 2024
See all Example Sentences for tax base 
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The Editorial Board, Chicago Tribune, 31 Jan. 2025
After that, buildings with declining values will contribute less to the tax base — unless they're reinvested in.
—Alexandria Sands, Axios, 30 Jan. 2025
This has been a recurring dynamic over the years: the water system collapses in some way, residents are left in dire straits, and state officials refuse to intervene, while the city loses its tax base, its appeal to investors, and its capacity to retain a vibrant multigenerational community.
—Catherine Coleman Flowers, TIME, 28 Jan. 2025
The income must be earned outside the U.S. and your tax base must also be outside of the U.S.
The Foreign Housing Exclusion (FHE) allows expats to exclude thousands in foreign housing expenses from their U.S. taxes.
—Kathleen Peddicord, Forbes, 24 Dec. 2024
See all Example Sentences for tax base
Dictionary Entries Near tax base
Cite this Entry
“Tax base.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20base. Accessed 6 Feb. 2025.
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