![What is a tax base? What is a tax base?](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
What is a tax base?
The tax base is the total amount of income, property, assets, consumption, transactions, or other economic activity subject to taxation by a tax authority.
A broad tax base reduces tax administration costs and allows more revenue to be raised at lower rates.
CATEGORIES Economics
TAGS Dr. Bbosa Science