zero-rate


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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.

zero-rate

vb (tr)
(Commerce) commerce Brit to rate at a VAT level of zero
References in periodicals archive ?
In the meantime, the BIR just released an advisory that applications for VAT zero-rate are still being received and processed following existing guidelines and procedures.
that HM Treasury and HMRC should undertake a comprehensive review of the reduced rate, zero-rate and exemption schedules, working with the support of the OTS
Richard Jones, of the Residential Landlords Association, said: "The EU Commission is wanting to put an end to the UK's right to zero-rate VAT on a wide range of items including new-build housing.
More than a third of the 9,852 responding companies said the lifting of the zero-rate floor was "too early," though about the same number deemed it "appropriate.
The yield on the benchmark 10-year Japanese government bond rose Monday morning as remarks by Liberal Democratic Party Secretary General Tsutomu Takebe strengthened the market view that the government and ruling parties would tolerate an imminent ending of the Bank of Japan's zero-rate policy.
It is the third month in a row for the IBJ to cut the key rate, which comes amid a decline in long-term rates following the Bank of Japan's decision March 19 to quantitatively ease its monetary credit to effectively reinstate its zero-rate policy.
In a zero-rate environment, this would be truly "efficient.
The report is based on data collected from a tier-1 mobile access network and examines how some subscribers on the network are using HTTP header injection to commit fraud and exploit the operators decision to zero-rate their website and subscriber portal.
These contracts, if properly drawn, can zero-rate not just the construction work, but also the services of architects, surveyors and other related professionals, meaning the whole contract value can be VAT-free," said Mr Butterworth.
3 percent of some 10,000 corporate respondents said they are ready to tolerate the BOJ ending the zero-rate policy by the end of 2006, a move that will induce hikes in a wide range of interest rates, including rates on bank loans for firms' capital outlays on factories and equipment.
I do not foresee returning to the zero-rate policy in the future,'' Hayami told a regular press conference.
The government should return local taxes and levies on exports to ensure a complete zero-rate regime.