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.
A taxpayerâs average tax rate (or effective tax rate) is the share of income that he or she pays in taxes. By contrast, a taxpayerâs marginal tax rate is the tax rate imposed on his or her last dollar of income.Taxpayersâ average tax rates are lower â usually much lower â than their marginal rates.or example, the first portion of any taxpayerâs taxable income is taxed at a 10 percent rate, the next portion is taxed at a 15 percent rate, and so on, up to a top marginal rate of 39.6 percent. As an example, the graph below shows a married couple with two children earning a combined salary of $110,000.