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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.

It said this reflected higher global oil and shipping costs, even as the government cut value added tax to 13% from 16%.

From BBC • Apr. 15, 2026

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

Early this month, the government raised the value added tax and extended it to cover essentials such as fuel, cellphones, cooking gas and medicines.

From Seattle Times • Jan. 19, 2024

Operating expenses rose 8% in the fourth quarter because of higher energy costs and a provision related to value added tax on 2G licence payments in Bangladesh, the company said.

From Reuters • Feb. 2, 2023




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