the amount of tax paid by a person, company, or country in a specified period considered as a proportion of total income in that period.
Multinationals can also shift profits to reduce their total tax burden; they canshow larger profits in countries with lower tax rates.
Examples of 'tax burden' in a sentence
tax burden
For the banking sector, corporation taxes represent less than a quarter of their total tax burden, with the banking levy costing more than corporation tax.
Times, Sunday Times (2016)
To ease the tax burden on single income families?
The Sun (2008)
Many owners offset the costs through charters, which also reduce the tax burden.
Times, Sunday Times (2015)
A higher tax burden also hurt the net result.
Times, Sunday Times (2011)
The total tax burden had not in fact been reduced; and the wealthy benefited far more than the poor.
Grenville, J. A. S. The Collins History of the World in the 20th Century (1994)
It sounds as if that would cut our income tax burden, but we would want to make sure there were no other negative implications.
Times, Sunday Times (2010)
Figures published yesterday showed that the average tax burden on employment incomes increased in 24 out of 34 countries.
Times, Sunday Times (2012)
Because of this, it is not impossible a big employer would have a total tax burden close to 100% of its profits.