/reɪt ʌv ˈɪnkʌm tæks/ – Phrase
Definition: suất thuế thu nhập.
A more thorough explanation: The legal English definition of the term “rate of income tax” refers to the percentage at which income is taxed by a government authority. It represents the proportion of an individual’s or entity’s income that is required to be paid as tax to the government. The rate of income tax may vary depending on the level of income earned and the tax laws in place.
Example: The rate of income tax in the state of California is currently set at9. 3%.