Tax Base
The value of goods, services, incomes, or wealth subject to taxation.
For example, the property tax base of a house is its value. Hence, if Bob decides to build a house that is worth $200,000 in Atlanta, Bob's new house will add $200,000 to the property tax base of Atlanta.
For example, the property tax base of a house is its value. Hence, if Bob decides to build a house that is worth $200,000 in Atlanta, Bob's new house will add $200,000 to the property tax base of Atlanta.