Tax rate

Tax rate ( tax rate ) - the amount of tax accruals per unit of measure of the tax base . It is one of the mandatory elements of tax .

When the tax rate is expressed as a percentage of the taxpayer’s income, it is usually called a tax quota.

The main types:

• Hard - are set in absolute amount per unit (sometimes the entire object) of the tax, regardless of the size of the tax base.
• Interest, they are divided into:
  • Proportional (ad valorem) - operate in the same percentage of the tax base without taking into account its size.
  • Progressive - increase as the tax base grows.
  • Regressive - increase as the tax base decreases