Sure, here is the meaning of tax base:

Tax base – The taxable income or value of an asset used to calculate the tax owed. It is the income or value on which taxes are levied.

In other words, the tax base is the amount of money that a person or corporation is required to pay in taxes, based on their income or asset value. It is calculated by taking the total income or asset value and subtracting any allowable deductions or exemptions.

Here are some examples of tax bases:

• Income tax: The taxable income of an individual is their total adjusted gross income, which is the total amount of money earned from all sources, minus any deductions or exemptions.
• Corporate income tax: The taxable income of a corporation is its net income, which is the total amount of money left after subtracting all expenses from revenue.
• Property tax: The tax base for property is the assessed value of the property.