value-added tax

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.

And consumers must now pay a 13 percent value-added tax for contraception, including condoms, after Beijing removed exemptions from January 1.

From Barron's • Jan. 19, 2026

New art galleries are opening, encouraged by Italy’s recent decision to reduce value-added tax on art sales and imports from 22% to 5%, one of the lowest rates in the European Union.

From The Wall Street Journal • Oct. 4, 2025

India has driven more of the economy into the formal sector, for instance by enacting a Goods and Services Tax like Europe’s value-added tax, allowing more revenue to be extracted from more people and businesses.

From New York Times • Apr. 1, 2024

“We have eliminated value-added tax on exported services and the tax on stock-based compensation for employees of startups, as well as the domestic equity requirement for ICT companies,” he said.

From Seattle Times • Sep. 15, 2023

Fiscal   reforms, including the introduction of a value-added tax and reform   of the customs service, have improved the government's revenue   collection abilities.

From The 2008 CIA World Factbook by United States. Central Intelligence Agency