value-added tax

Examples Sentences

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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. 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
  • An accompanying state constitutional amendment would set spending growth limits on the General Assembly and direct future revenue growth toward eliminating the personal income tax and corporate income tax.
    Jonathan Shorman and, Kansas City Star, 8 Jan. 2025
  • South Carolina lawmakers have racked up a number of conservative policy victories in recent years (such as the enactment of income tax relief, school choice, and Certificate of Need repeal).
    Patrick Gleason, Forbes, 7 Jan. 2025
Noun
  • 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
  • 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
  • The payments sent back $250 to single tax filers and $375 to head-of-household filers.
    Chris McKenna, USA TODAY, 10 Dec. 2024
  • This strategy, involves clustering donations in a single tax year to surpass the standard deduction and make itemizing worthwhile.
    James Brewer, Forbes, 26 Nov. 2024
Noun
  • Aldermen then proceeded to outmaneuver the mayor to land a budget with no property tax increase.
    Laura Washington, Chicago Tribune, 8 Jan. 2025
  • This provided $18 billion in property tax relief, with state government compensating local authorities for their loss in revenue from property taxes.
    George Monastiriakos, Newsweek, 31 Dec. 2024
Noun
  • Remember, tariff is another word for tax–a sales tax, to be precise.
    Steve Forbes, Forbes, 14 Jan. 2025
  • In September, the City Council approved creating a sales tax revenue (STAR) bond district to support the development of entertainment and tourism attractions, like the one slotted for the Olathe Gateway.
    Taylor O’Connor, Kansas City Star, 13 Jan. 2025
Noun
  • 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
  • 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
  • The teams' leases stipulate the public is responsible for repair costs, but the lone funding source — the county sin tax on cigarettes and alcohol — is no longer sufficient to cover their demands.
    Sam Allard, Axios, 5 Dec. 2024
  • 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
Noun
  • Some believe that this type of 'golden passport' encourages money laundering and tax evasion.
    Alex Ledsom, Forbes, 12 Jan. 2025
  • Currently, their parents, Todd and Julie, are currently serving years-long sentences for bank fraud and tax evasion.
    Liza Esquibias, People.com, 10 Jan. 2025

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 22 Jan. 2025.

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