value-added tax

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Related to Value-Added Taxes: income tax, sales tax
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  • noun

Synonyms for value-added tax

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

References in periodicals archive ?
China CBM, a Chinese company that is engaged in prospecting and developing the country's coalbed methane resources, and its domestic and foreign partners will be exempted from tariffs and value-added taxes on imports of machines, instruments, and components that are used in coal bed methane exploration operations from 2011 to 2015.
Last week in the monthly conference of the Society of Tax and Investment Experts, the move to value-added taxes was discussed.
Particularly useful are the site's international comparative tables on income taxes and value-added taxes.
Preferential refunds of value-added taxes paid on imported raw materials have acted to lower costs to the Chinese industry.
To meet that goal, Mexico's Congress approved a law eliminating value-added taxes applied to foreigners organizing events held within the country.
Corporate and personal income taxes, as well as sales and value-added taxes, are tariffs on domestic economic activity.
Sales taxes throughout the United States and value-added taxes around the world are riddled with loopholes.
In this broadest context, the national sales tax and the flat tax are also value-added taxes.
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