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value-added tax

NOUN
indirect tax
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Economists say raising taxes on households would help cool inflation, as would lowering the value added tax rate on home energy consumption.

From The Wall Street Journal • Nov. 21, 2025

Tourists can no longer reclaim the 20% value added tax on purchases they make on Oxford Street or at Harrods.

From Los Angeles Times • Mar. 6, 2025

VAT - value added tax - was charged at the same rate on all goods irrespective of their origin or value, they added.

From BBC • Sep. 23, 2024

The law has raised the price of fuel to its highest level as the government implements a doubling of value added tax on petroleum products to 16%.

From Seattle Times • Jul. 19, 2023

Meloni is helped by the fact that higher energy prices increase government revenues from excise duties and value added tax, meaning she can probably find the money without raising state borrowing, the officials said.

From Reuters • Sep. 26, 2022




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