value-added tax

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value-added tax

n. Abbr. VAT
A tax on the estimated market value added to a product or material at each stage of its manufacture or distribution, ultimately passed on to the consumer.

value-added tax

n
(Economics) (in Britain) the full name for VAT

val′ue-add′ed tax`


n.
an excise tax based on the value added to a product at each stage of production.
[1930–35]

value-added tax

- A tax levied on the difference between a commodity's price before taxes and its cost of production.
See also related terms for production.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.value-added tax - a tax levied on the difference between a commodity's price before taxes and its cost of productionvalue-added tax - a tax levied on the difference between a commodity's price before taxes and its cost of production
excise, excise tax - a tax that is measured by the amount of business done (not on property or income from real estate)
Translations

value-added tax

[ˈvæljuːˈædɪdˈtæks] N (Brit) → impuesto m sobre el valor agregado, impuesto m sobre el valor añadido (Sp)

value-added tax

n (Brit) → Mehrwertsteuer f

value

(ˈvӕljuː) noun
1. worth, importance or usefulness. His special knowledge was of great value during the war; She sets little value on wealth.
2. price. What is the value of that stamp?
3. purchasing power. Are those coins of any value?
4. fairness of exchange (for one's money etc). You get good value for money at this supermarket!
5. the length of a musical note.
verb
1. to suggest a suitable price for. This painting has been valued at $50,000.
2. to regard as good or important. He values your advice very highly.
ˈvaluable adjective
having high value. a valuable painting.
ˈvaluables noun plural
things of special value. She keeps her jewellery and other valuables in a locked drawer.
ˈvalued adjective
regarded as valuable or precious. What is your most valued possession?
ˈvalueless adjective
having no value; worthless. The necklace is completely valueless.
ˈvalues noun plural
standards or principles. People have very different moral values.
value-ˈadded tax noun
(abbreviation VAT) a tax that is imposed on goods and services.

value-added tax

ضَرِيبَةُ القِيْمَةُ الـمَضَافَة DPH moms MwSt ΦΠΑ IVA ALV TVA PDV IVA 付加価値税 부가가치세 BTW MVA VAT ICMS, IVA налог на добавленную стоимость moms ภาษีมูลค่าเพิ่ม KDV thuế GTGT 增值税
References in periodicals archive ?
Executive Chairman, LIRS, Mr Hamzat Ayodele Subair, in line with global best practice in the use of technology and automated solutions, the Lagos Internal Revenue Service (LIRS) has introduced recently an Electronic Revenue Assurance (ERA) System for Hotels, Restaurants, Night Clubs and Event Centres in Lagos State to elicit automatic compliance with the extant Hotel Occupancy and Restaurant Consumption Tax Law of Lagos State as amended.
A consumption tax was introduced in Japan as a means to secure financing for social security programs.
We feel that consumption tax is inherently regressive,' he told a press briefing in Quezon City on Wednesday.
Korean utilities' new purchase strategy is informed by two market factors: firstly, an increase in the Korean government's consumption tax for imported thermal coal which will favor mid-CV product, and secondly, a shift away from lower-calorific value Indonesian cargoes.
In looking at the immediate prospects for the Japanese economy, including this year, and with the House of Councilors election coming up in the summer, one of the biggest challenges it faces is the decision on a tax hike - in other words, the political decision on whether to raise the current 8% consumption tax rate to 10% in April 2017.
The National Retail Federation today urged Congress to reject any form of consumption tax as it considers tax reform and instead focus on changes to the income tax system that would broaden the tax base in return for lower rates.
Japan's Prime Minister Shinzo Abe said Sunday an upper house election will take place on July 21 and voiced the possibility of delaying a consumption tax hike scheduled for next year if the economy remains weak.
26 per liter as part of the private consumption tax (EuTV) in a move to lower the budget deficit.
Japan Automobile Importers Association Chairman Nicholas Speeks urged the Japanese government Wednesday to reduce taxes on automobiles as the auto industry is expected to shrink with the planned rise in the consumption tax rate.
WRITING RECENTLY IN FORBES, Brian Wesbury continued a theme that is popular among Beltway Republicans, warning about the dangers of a consumption tax system known as a Value-Added Tax (VAT).
A LEGAL challenge to the government's planned introduction of a point of consumption tax is considered unlikely by the chief executive of the Remote Gaming Association - although Clive Hawkswood said yesterday the organisation had not adopted a position on the matter, writes Andrew Scutts.
Japan: The International Monetary Fund said Monday that Japan ought to triple its consumption tax to help bring down some of its huge debt.