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value-added tax

NOUN
indirect tax
Synonyms


Example Sentences

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Although he has tried to bolster state finances by raising Russia’s value-added tax and confiscating the wealth of certain oligarchs, he has shielded wartime spending from broader budget cuts.

From The Wall Street Journal Jun. 16, 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 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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