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.

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
Translations

zero-rated

[ˈzɪərəʊˌreɪtɪd] ADJ to be zero-rated for VATtener tipo cero del IVA

zero-rated

[ˌzɪərəʊˈreɪtɪd] adj (Brit) (Comm) → ad aliquota zero
References in periodicals archive ?
In a recent press briefing, Peza Director General Charito Plaza said the TRAIN law's plan to remove the zero-rated value-added tax (VAT) for certain local transactions 'could be' a factor behind the increase in imports.
Registered enterprises within tourism enterprise zones as declared by the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) subject to the provisions of The Tourism Act of 2009, are considered zero-rated sales and transactions, respectively.
JEDDAH: The General Authority of Zakat and Tax (GAZT) clarified that Saudi Arabian exports are zero-rated under the VAT Law and Implementing Regulations.
The General Authority of Zakat & Tax (GAZT) clarified that exports from Saudi Arabia are zero-rated under the VAT Law and Implementing Regulations.
Albeit Abordo did not specify a case, a 2010 SC decision on a case on a VAT refund of the Bureau of Internal Revenue to Toshiba Information Equipment (Phils) upheld the latter's right to credit/refund on domestic purchases of goods and services attributable to zero-rated sales.
According to article 33 of the executive regulations on VAT, transporting passengers in and out of the country is subject to zero tax rates, meaning it's not just your airfares that won't be taxed; cargo is also zero-rated.
The VAT impact on school books in the UAE that are related to the curriculum will be zero-rated and will not be affected by the implementation of VAT.
The Federal Tax Authority (FTA) has announced the list of supplies that will be subject to Value Added Tax (VAT) as of January 1, 2018, revealing selected sectors that will be assigned zero-rated tax, such as education, healthcare, oil and gas, transportation and real estate.
The rent or sale of a residential part of the building shall be treated as zero-rated or exempt, depending on whether this is a first supply or a subsequent supply, the statement said.
And a ginger bread man with chocolate eyes is zero-rated but if it has chocolate trousers it would be standard rated.
No doubt government has declared 5 important export sectors as zero-rated but they had not been actually zero rated.