Definition, Meaning & Synonyms
tax-net
noun
/tæks nɛt/
Definition
The range or scope of individuals or entities that are subject to taxation.
Examples
- Many governments are working to expand their tax-net to include more individuals and businesses.
- The tax-net has widened in recent years as more people have entered the workforce.
- Governments often aim to capture a larger share of the economy through an expanded tax-net.
Meaning
Tax-net refers to all the taxpayers within a specific jurisdiction who are liable to pay taxes based on their income, property, or sales.
Synonyms
- tax base
- taxpayer pool
- tax population
