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Definitions

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.

A 3.0% value-added tax increase is poised to come into effect soon.

From The Wall Street Journal • Mar. 26, 2026

Consumers must now pay a 13 percent value-added tax for contraception including condoms, after Beijing removed exemptions on the products from January 1.

From Barron's • Jan. 5, 2026

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

“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

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