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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.

Ghana has abolished its Covid-19 "Health Recovery Levy" and reduced its value-added tax in a bid to bolster economic growth, the government said Thursday.

From Barron's • Nov. 13, 2025

The deduction rate for value-added tax are now lower for gold purchases for non-investment—falling to 6% from 13%.

From The Wall Street Journal • Nov. 3, 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 Seattle Times • Apr. 7, 2024

In 1982, he sought to raise government income by imposing a value-added tax on children’s shoes.

From New York Times • Feb. 9, 2024

A value-added tax, introduced in 1999, launched the government's comprehensive tax reform program.

From The 2001 CIA World Factbook by United States. Central Intelligence Agency




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