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Home > QFINANCE Dictionary > Definition of degressive tax

Definition of

degressive tax

Tax

tax decreasing as taxable amount increases a tax for which the amount to be paid decreases as the amount that is liable for taxation increases.

Related definitions of "degressive tax"

Definitions of ’degressive tax’ and meaning of ’degressive tax’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’degressive tax’ and other financial terms with our online QFINANCE Financial Dictionary.

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