zero-rated

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ze·ro-rate

(zîr′ō-rāt′, zē′rō-)
tr.v. ze·ro-rat·ed, ze·ro-rat·ing, ze·ro-rates Chiefly British
To exempt from paying a value-added tax.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

zero-rated

adj (zero rated when postpositive)
(Commerce) denoting goods on which the buyer pays no value-added tax although the seller can claim back any tax he has paid
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

zero-rated

[ˈzɪərəʊˌreɪtɪd] ADJ to be zero-rated for VATtener tipo cero del IVA
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

zero-rated

[ˌzɪərəʊˈreɪtɪd] adj (Brit) (Comm) → ad aliquota zero
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
A company in the UAE that offers a zero-rated good or service needs to register with the Federal Tax Authority (FTA).
'Following the implementation of zero-rated Good and Services Tax on June 1, we also hope that the chain effect will benefit the people,' he added.
The research house said the sales volume for May 2018 was expected to be higher than April 2018, as some car-makers offered early discounts and rebates ahead of the implementation of zero-rated Good and Services Tax (GST) on June 1.
He explained such fears stemmed from Bahrain having the most zero-rated goods and services in the GCC.
25(BNA): The Minister of Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa affirmed that the Ministry will take all necessary measures to ensure that the Value Added Tax (VAT) is not applied on zero-rated goods and services - 94 basic food items in addition to goods and services that support essential sectors - in line with the VAT Law and its Executive Regulations.
It is still too early to see the effects of SST on the prices of goods as majority of traders are still using their existing stock obtained during the tax holiday (zero-rated Goods and Services Tax) since June 1.
It was explained that under a zero-rating incentive mechanism, "all VAT is removed from the zero-rated goods, activity or firm.
An earlier statement from flydubai had said that zero-rated goods and services include ticket fares, on-board products, and extras such as upgrades to Business Class, extra-legroom seats, and additional baggage.
Furthermore, title five discusses profit margins and explains how to calculate VAT based on profit margins, while title six addresses zero-rated goods and services, including telecommunications, international transportation of passengers or goods, investment grade precious metals, new and converted residential buildings, as well as healthcare, education and buildings earmarked for charity.
Those in the zero-rated goods and services category include certain medications and medical equipment specified by the Ministry of Health and Saudi Food and Drug Authority, supply of gold, silver and platinum that is for investment purposes - at least 99 per cent pure - and tradeable in the international bar market.
Drum explained that the difference between zero-rated and exempt tax is that suppliers of zero-rated goods and services are eligible to reclaim their input VAT, whereas suppliers of exempt goods are unable to do so.