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

In the meantime, the change in the levy applied to these services would effectively broaden the tax base and increase hugely the amount flowing into the CNC, the National Film Board which subsidies the cinema and audiovisual industry. — Elsa Keslassy, Variety, 5 Oct. 2026

When agreements are structured well, that investment can expand the local tax base, support schools and public safety, improve roads and utilities, and create a durable market for skilled technical work. — Jeff Danielson, Chicago Tribune, 3 Oct. 2026

Newsom, openly worried about losing his tax base, parried with his own proposal, a national billionaire’s tax. — Joe Hagan, Vanity Fair, 30 Sep. 2026

The Village Farms developers estimated that the new housing would add more than $1 billion to the city’s tax base and bring more than 1,100 students to Davis schools. — Daniel Lempres, Sacbee.com, 28 Sep. 2026

Word History

First Known Use

circa 1943, in the meaning defined above

Rhymes for tax base

• abase
• airspace
• apace
• backspace
• biface
• birthplace
• blackface
• boldface
• bookcase
• braincase
• briefcase
• carcase

Legal Definition

tax base

noun

1

: a sum (as the total assessed valuation of property in a county) used as the basis of taxation

2

: the source of tax revenue for a governmental body

change the tax base of a school district to reduce the property tax burden