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value-added tax

NOUN
indirect tax
Synonyms


Example Sentences

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This fall is likely to be exacerbated by value-added tax increases that started this year, the analyst adds.

From The Wall Street Journal Apr. 27, 2026

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

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

He slashed income taxes for the highest earners, began refunding some of a value-added tax levied on food purchases, unveiled fresh payments for pensioners and unemployed people, and announced bonuses for millions of workers.

From Seattle Times Nov. 16, 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




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