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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Trump has suggested cutting the corporate tax rate and has floated some income tax cuts too.Li Zhou, Vox, 6 Nov. 2024
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Trump's plan would mostly help middle- and high-income retirees, given that low-income retirees often don't make enough to pay federal income tax on their benefits, according to tax experts.Aimee Picchi, CBS News, 5 Nov. 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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By unifying the nation under a single tax regime, GST streamlined the complex web of indirect taxes and brought about greater transparency and efficiency in the system.Pankaj Vasani, Forbes, 1 Oct. 2024
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In 2018, then-Senator Harris proposed a refundable tax credit for lower- and middle-income families, which would have provided cash payments of two hundred and fifty dollars a month for single tax filers and five hundred dollars a month for married couples.John Cassidy, The New Yorker, 29 July 2024
Noun
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This increase is mainly due to higher property tax expenses.Quartz Bot, Quartz, 14 Nov. 2024
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This would push more property tax bills in the area above $10,000 per year, with owners often passing the cost onto their tenants.Marc Joffe, The Mercury News, 14 Nov. 2024
Noun
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Buena Park voters are supporting the city’s request to add a 1 cent sales tax to generate more local revenue by 74%.Heather McRea, Orange County Register, 6 Nov. 2024
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South Dakota lowered its general sales tax last year from 4.5 percent to 4.2 percent, and the new initiative would eliminate taxes on most food items, excluding alcohol and prepared meals.Thomas G. Moukawsher, Newsweek, 5 Nov. 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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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
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Separately, the Browns, who still have more than half of their $92 million sin tax allocation remaining, are likely to receive $3.4 million from the City of Cleveland for repairs, cleveland.com reported previously.Lucas Daprile, cleveland, 30 Aug. 2023
Noun
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The company maintains a tax holiday for a subsidiary in the APAC region, which contributed to a lower effective tax rate of 13.7% for the year.Quartz Bot, Quartz, 15 Nov. 2024
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Last week, bond yields surged on expectations that President-elect Donald Trump’s plans to lower tax rates, increase tariffs and reduce regulation could ultimately lead to higher U.S. government debt and inflation, along with faster economic growth.Alex Veiga, The Denver Post, 15 Nov. 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 Nov. 2024.
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