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Tax Base in Financial Formulas
Tax Base is the total value of all of the assets, income, and economic activity that can be taxed by a taxing authority, usually a government. It is used to calculate tax liabilities. And is denoted by TB.
Financial formulas that make use of Tax Base
f
x
Tax Liability
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FAQ
What is the Tax Base?
Tax Base is the total value of all of the assets, income, and economic activity that can be taxed by a taxing authority, usually a government. It is used to calculate tax liabilities.
Can the Tax Base be negative?
{YesorNo}, the Tax Base, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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