Actual income tax paid divided by net taxable income before taxes, expressed as a percentage.
Related information about effective tax rate:
- Tax rate - Wikipedia, the free encyclopedia
The term effective tax rate has significantly different meanings when used in different contexts or by different sources. Generally it means some amount of tax ...
- Effective Tax Rate Definition | Investopedia
The rate a taxpayer would be taxed at if taxing was done at a constant rate, instead of progressively. Calculated as total tax paid divided by taxable income.
- Effective Tax Rate - Financial Dictionary - The Free Dictionary
The net rate a taxpayer pays on income that includes all forms of taxes. It is calculated by dividing the total tax paid by taxable income.
- Mitt Romney's effective tax rate is very low: Most economists think it ...
Sep 21, 2012 ... The news is out that Mitt Romney paid a 14.1% effective tax rate on an income of over $13.7 million in 2011, a number that will strike many ...
- Romney paid 14% effective tax rate in 2011 - Sep. 21, 2012
Sep 21, 2012 ... NEW YORK (CNNMoney) -- Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective ...
- Fact Check: Is Romney's tax rate really lower than yours? | Fox News
Sep 26, 2012 ... IRS data for 2010 showed those making between $1 million and $10 million typically paid at an effective tax rate of more than 25 percent.
- Effective Tax Rate Formula, Definition & Examples | InvestingAnswers
We explain the definition of Effective Tax Rate, provide a clear example of the formula and explain why it's an important concept in business, finance & investing.
- Romney paid 14.1% effective tax rate in 2011
Sep 21, 2012 ... Mitt Romney released his 2011 tax return amid criticism from some conservatives that his campaign is flailing.