value-added tax

Examples of value-added tax in a Sentence

These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Recent Examples on the Web 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
  • One of the similarities between the Canadian tax system and the U.S. tax system is that most income tax and benefit amounts in both countries are indexed to inflation (only a few countries adjust their income tax thresholds for inflation—out of 160 economies, 131 have no adjustment at all).
    Kelly Phillips Erb, Forbes, 2 Nov. 2024
  • During the quarter, Apple paid a one-time income tax charge of $10.2 billion to resolve a long-running case dating back to 2016 over how the company handled taxes in Ireland.
    Kif Leswing, CNBC, 31 Oct. 2024
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
  • 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
  • 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
  • And Seattle voters will weigh in on a $1.55 billion transportation levy, the largest property tax measure in city history.
    Melissa Santos, Axios, 5 Nov. 2024
  • Georgia is one of eight states with property tax measures on the ballot.
    Thomas G. Moukawsher, Newsweek, 5 Nov. 2024
Noun
  • 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
  • Proposition 490, a sales tax measure, received a commanding majority of 'yes' votes in the early tallies.
    Sam Kmack, The Arizona Republic, 5 Nov. 2024
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
  • 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
  • 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
  • Long term interest rates, such as mortgage rates overall, Zandi said, would end up higher because Trump's tariff, immigration and tax policies would fuel inflation and bigger budget deficits.
    Susan Tompor, Detroit Free Press, 6 Nov. 2024
  • But President Biden's climate law may still reverberate through the tax code.
    Nick Sobczyk, Axios, 5 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 14 Nov. 2024.

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