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Factor.
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Average Tax Rate
The percentage of total income that is paid in taxes, calculated by dividing the total tax paid by the taxpayer's total income.
Interest Income
Earnings received from deposit accounts or investments through the payment of interest.
Eligible Dividends
Dividends that are designated by a corporation to be eligible for a lower tax rate for the receiver, depending on jurisdiction.
Average Tax Rate
The percentage of total income that goes to taxes, calculated by dividing the total amount of tax paid by the total income.
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