value-added tax

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.

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

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 New York Times • Apr. 1, 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