Effective tax rate definition

Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). “Adjusted” means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values.

Effective tax rate means the rate that will produce last year's total tax levy (adjusted) from this year's total taxable values (adjusted). "Adjusted" means lost values are not included in the calculation of last year's taxes and new values are not included in this year's taxable values.

Effective tax rate means the ratio (expressed as a percentage) of provision for income taxes to income before income taxes for a specified period. The effective tax rate measures the actual amount of pre-tax income the Company pays in taxes and is a useful comparison to industry benchmarks and prior periods.

Examples of Effective tax rate in a sentence

• As per the draft Business Plan Regulations, the Tax applicable is Minimum Alternate Tax or Effective tax rate.

• Effective tax rate= Tax expense — deffered tax expense Laba ekna pajakTunneling Incentive Variabel tunneling incentive diukur dengan menggunakan persentase kepemilikan saham di atas 25% sebagai pemegang saham pengen- dali oleh perusahaan asing.

• Tax on profit on ordinary activities 20152014 £ million£ millionCurrent tax United Kingdom corporation tax10999Foreign tax66Prior year adjustments(14)(7)Total current tax charge10198Deferred tax Temporary differences relating to property, plant and equipment2825Other temporary differences23Prior year adjustments88Change in tax rate(1)(3)Total deferred tax charge3733 138131 Effective tax rate 20.1% 22.5% Current tax payable at 30 September 2015 amounted to £43 million (2014: £53 million).

• TAX EXPENSE Current quarterended 31.3.2015 RM’000Year-to-dateended 31.3.2015 RM’000Current tax expense184184Deferred tax expense 65 65 249 249 Effective tax rate 6.6% 6.6% The effective tax rate for the current quarter and financial period ended 31 March 2015 of 6.6% is lower as compared to the applicable statutory tax rate of 25% mainly due to the pioneer status tax incentives awarded to our operating subsidiaries by Ministry of International Trade and Industry (MITI) in the prior years.

• The charge for the period can be reconciled to the profit per the statement of profit or loss and other comprehensive income as follows: Profit before tax2017Euro’000 4,4902016Euro’000 3,886 Tax at the domestic income tax rate (2017: 22%; 2016: 22%) 988 855Tax effect of revenues that are not taxable in determining taxable profit(58)(52)Tax expense930803 Effective tax rate for the year 21% 21% 7.

More Definitions of Effective tax rate

Effective tax rate means the tax rate imposed by a locality on tangible personal property on the

Effective tax rate means a rate expressed in

Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). "Adjusted" means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values. "Rollback tax rate" means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

Effective tax rate means with respect to each class of property:

Effective tax rate means a rate expressed in dollars per $100 of taxable value calculated according to the following formula:

Effective tax rate means the tax rate imposed by a locality on tangible personal property multiplied

Effective tax rate means, for any Fiscal Year, the fraction the numerator of which is the consolidated tax expense of the Company and its subsidiaries for such Fiscal Year and the denominator of which is the consolidated income or loss before income taxes of the Company and its subsidiaries for such Fiscal Year. For this purpose, consolidated income or loss of the Company and its subsidiaries shall be calculated by including extraordinary items and the income or loss of discontinued operations, and income tax expense shall be calculated by including the income tax expense attributable to such extraordinary items or discontinued operations.