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 ?
1, reimposed the value-added tax on wheeling charges.
Nicholas Soverall, head of VAT at KPMG in Saudi Arabia, explained that high fines would encourage taxpayers to improve their accounting systems to manage value-added tax, noting that the businesses may also benefit from the need to transform their systems and processes for VAT.
The workshops, which were attended by accountants and financial experts from several sectors, presented many views on value-added tax and the readiness of the tax administrators to meet the challenges of managing the new tax including processing the large volume of returns, responding to the numerous tax queries, and looking after the taxpayers' accounts.
Summary: Tunisia has the highest value-added tax (VAT) in the Arab world, 19%, against 7 to 17% in Algeria, 14% in Egypt and 10% in Lebanon, according to a recent study
Summary: Value-added tax was rolled out across the country on January 1, 2018.
Summary: The UAE's budget balance will return to surplus by 2019, owing to the recovery in oil prices, the introduction of new taxes - most notably the value-added tax in 2018, according to a recent research note by BMI Research.
Earlier this month, Khalid Ali Al Bustani, the director-general of the Federal Tax Authority, said that UAE firms will be able to begin registering for value-added tax (VAT) from the middle of September .
Ahmed Abu Gabal, the chairman of the school supplies division further stated that the prices of school supplies jumped by 200 percent by the beginning of last academic year with the Central Bank's move to liberate the exchange rate last November and with the application of the value-added tax.
Dubai: An event was held to discuss the impact of the implementation of the Value-added tax (VAT) system among businesses in the region and the appropriate responses that should be taken by them in preparation for its application.
Value-added Tax is one of the most complex taxes facing businesses.
Minister of Finance, Amr El-Garhy, said that 90% of food commodities are to be exempted from value-added tax (VAT), which will be applied after the approval of the House of Representatives.
In a press statement following the meeting, Bahraini Minister of Finance said that the meeting agreed on the two drafts of the value-added tax and the selective tax, noting that there are a lot of technical details that will be discussed in the coming period.

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