Looking up...
定率減税率
teiritsu gensōritsu
fixed-rate tax reduction rate
政府は定率減税率を3%に設定した。
The government set the fixed-rate tax reduction rate at 3%.
Finance
formal
A fixed percentage rate applied to reduce tax liability uniformly across all taxpayers or specific income brackets in a tax system.
2023年度の定率減税率は5%であった。
The fixed-rate tax reduction rate was 5% for the fiscal year 2023.
定率減税率の導入により、中小企業の負担が軽減された。
The introduction of the fixed-rate tax reduction rate eased the burden on small and medium-sized enterprises.
Unlike progressive tax reductions, a fixed-rate reduction applies the same percentage to all eligible taxpayers regardless of income level.
Collocations
定率減税率を適用するto apply the fixed-rate tax reduction定率減税率を引き上げるto raise the fixed-rate tax reduction定率減税率を廃止するto abolish the fixed-rate tax reduction
Related Phrases
Pro Tip
Distinguish from '定額減税'
定率減税率 refers to a percentage-based reduction, while 定額減税 refers to a fixed-amount reduction regardless of income level.
Gold Rule
Context matters
Always check whether the term refers to a percentage reduction (定率) or a fixed amount reduction (定額) in tax discussions.
Word Origin
The term combines three Japanese words: 定率 (teiritsu, 'fixed rate'), 減税 (gensen, 'tax reduction'), and 率 (ritsu, 'rate'). It emerged in the late 20th century as Japan introduced various tax reform measures to stimulate economic growth.
Usage Notes
This term is primarily used in official government documents, tax policy discussions, and financial news. It is not commonly used in everyday conversation.
Word Breakdown
定率
fixed rate
noun減税
tax reduction
noun率
rate
suffix和英辞典