the willful giving of false testimony under oath or affirmation, before a competent tribunal, upon a point material to a legal inquiry. nonperjury, noun, plural nonperjuries. For example, Martha Stewart was pilloried at the time of her 2004 perjury trial for carrying a Birkin Bag to court with her.
What is the 'Effective Tax Rate'. The effective tax rate is the average rate at which an individual or corporation is taxed. The effective tax rate for individuals is the average rate at which their earned income is taxed, and the effective tax rate for a corporation is the average rate at which its pre-tax profits are taxed.
For example, if you pay $21,000 in taxes on $100,000 in taxable income in 2012, your effective tax rate is 21 percent. During that year, you would have paid graduated rates from 10 percent to 28 percent on four tiers of your income, but this would average out to an effective tax rate of 21 percent.o figure out what your tax deductions are actually worth, you typically multiply the deductions by your tax bracket. Suppose you're in the middle of the 28 percent tax bracket. A $100 tax deduction will save you $28. If you're near the low end of the tax bracket, however if may get more tricky.