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14 November, 21:51

The average tax rate is defined as the: - amount of tax due on the next dollar of taxable income. - total tax paid divided by total revenue. - amount of tax due on the next dollar of revenue. - total tax paid divided by total assets. - total taxes divided by total taxable income.

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  1. 14 November, 21:57
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    The average tax rate is defined as the total taxes divided by total taxable income.

    Explanation:

    Because the amount of tax due on the next dollar of taxable income. is incremental tax rate. It is not calculated on revenues.
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