Defenition of the word value-added tax

• Defenition of the word value-added tax

  • a tax levied on the difference between a commodity's price before taxes and its cost of production
  • a tax levied on the difference between a commodity''s price before taxes and its cost of production

Synonyms for the word value-added tax

• • ad valorem tax
  • VAT

Hypernyms for the word value-added tax

• • excise
  • excise tax

See other words

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