English Explanatory Dictionary

value added tax

English dictionary entry

Meanings

noun
  1. A tax levied on the added value that results from the exchange of goods and services.

Pronunciation

LL-Q1860 (eng)-Vealhurl-value added tax.wav

Word forms

value added tax value added taxes value-added tax

Synonyms

goods and services tax GST

Related words

VAT added value add value add value machine surplus value value-add value added value chain
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