as in income tax
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Recent Examples of value-added tax
Lord De La Warr paid $179,255 for it (including buyer’s premium and value-added tax) after it was originally estimated to go for between $54,000 and $81,000 by Summers Place Auctions.
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Téa Kvetenadze, Forbes, 7 Oct. 2021
The various Indian state governments earn a big portion of their revenue from excise and value-added tax on alcoholic drinks.
—Mimansa Verma, Quartz, 10 Nov. 2022
In the 18 months of the pandemic, more than half of the revenue for local governments have come from property, as corporate-income and value-added tax receipts declined.
—John Lee, WSJ, 6 Oct. 2021
Under the region’s customs union, imports of pasta face a tariff of 20% and also value-added tax of 15%.
—The Economist, 15 Mar. 2018
Téa Kvetenadze, Forbes, 7 Oct. 2021
The various Indian state governments earn a big portion of their revenue from excise and value-added tax on alcoholic drinks.
—Mimansa Verma, Quartz, 10 Nov. 2022
In the 18 months of the pandemic, more than half of the revenue for local governments have come from property, as corporate-income and value-added tax receipts declined.
—John Lee, WSJ, 6 Oct. 2021
Under the region’s customs union, imports of pasta face a tariff of 20% and also value-added tax of 15%.
—The Economist, 15 Mar. 2018
Recent Examples of Synonyms for value-added tax
Noun
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In the resulting chaos, states have scrambled to fill the gap with regard to state income tax.Robert W. Wood, Forbes, 5 Dec. 2024
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Catch up quick: Cox signed a law earlier this year slashing the state income tax rate from 4.65% to 4.55%. Democrats and education advocates criticized the cut, arguing those funds should be spent on public schools and social services.Kim Bojórquez, Axios, 5 Dec. 2024
Noun
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Prior to council tax, there was poll tax which was so wildly unpopular, people began rioting across England.Tanyel Mustafa, refinery29.com, 12 Jan. 2024
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But a Venezuelan passport costs more than $300, a price that amounts to a poll tax because few migrants can afford them.John Otis, NPR, 16 Apr. 2024
Noun
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The payments sent back $250 to single tax filers and $375 to head-of-household filers.Chris McKenna, USA TODAY, 10 Dec. 2024
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Academics argue that while the government needs to find ways to raise money, that could come from taxing excess profits rather than a single tax that applies to all employers, big and small.Prarthana Prakash, Fortune Europe, 26 Nov. 2024
Noun
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Despite a last-minute plea from St. Paul Mayor Melvin Carter and a wide-ranging assembly of city partners, the St. Paul City Council voted 4-2 on Wednesday to reject the mayor’s final budget proposal, which called for a 6.9% property tax levy increase.Frederick Melo, Twin Cities, 11 Dec. 2024
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The City of Brookfield has never held a property tax levy referendum, according to Scott.Bridget Fogarty, Journal Sentinel, 5 Dec. 2024
Noun
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Inflation does increase sales tax revenue, something most states experienced in the past few years, and New York especially should be using this extra revenue as an opportunity to reform rather than giving it away as a one-time benefit.The Editors, National Review, 12 Dec. 2024
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The street redesign is projected to boost the area’s property and sales tax revenue in a key corridor for the city, according to a release.Josephine Stratman, New York Daily News, 9 Dec. 2024
Noun
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Under the Foreign Account Tax Compliance Act (FATCA), Washington requires foreign financial institutions to disclose their American clients’ financial information to the U.S. Treasury and imposes a 30 percent withholding tax on certain payments to foreign financial institutions that don’t comply.Nicholas Shaxson, Foreign Affairs, 13 Feb. 2018
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Palestinian leaders say its ability to exercise effective governance has been effectively blocked by Israeli restrictions, which have included withholding tax revenues due under the Oslo accords.Ali Sawafta, The Christian Science Monitor, 26 Feb. 2024
Noun
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Signal Cleveland reports Council President Blaine Griffin and County Executive Chris Ronayne are in talks to raise the sin tax, which would require a change to state law.Sam Allard, Axios, 5 Dec. 2024
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Among a litany of measures, including a major change to the government’s fiscal rules, Reeves is reported to be considering a sin tax raid.Sam Meredith, CNBC, 29 Oct. 2024
Noun
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According to the terms of the plea agreement, Smirnov will plead guilty to one count of causing the creation of a false record in a federal investigation and three counts of tax evasion for 2020, 2021 and 2022.Thao Nguyen, USA TODAY, 13 Dec. 2024
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The premier of British Columbia announced a significant hike on Thursday in tax incentives for film and TV, as the province struggles with a sharp decline in production.Gene Maddaus, Variety, 13 Dec. 2024
Thesaurus Entries Near value-added tax
Cite this Entry
“Value-added tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/value-added%20tax. Accessed 23 Dec. 2024.
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