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.
—
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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Tax obligations extend beyond income tax to certain excise taxes as well that may be considered with personal income tax obligations.—
Priya Prakash Royal Esq. LL.M. MBA AEP TEP,
Forbes.com,
1 June 2025
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The 2017 Tax Cuts and Jobs Act, which lowered income tax rates for all income groups but disproportionately benefitted the highest earners, is set to expire at the end of 2025.—
Riley Beggin,
USA Today,
23 May 2025
Noun
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Equal Ground Action Fund Executive Director Genesis Robinson told Newsweek that forcing people to pay for documents equates to a poll tax.—
David Faris,
MSNBC Newsweek,
11 Apr. 2025
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However, under the act, many people would have to pay to get copies of their documents, which could result in a pay-to-vote situation akin to a poll tax.—
William Lambers,
Newsweek,
7 Mar. 2025
Noun
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Installment sale tax treatment allows sellers to recognize capital gains incrementally over time rather than in a single tax year.—
Shane Styne,
Forbes.com,
16 Apr. 2025
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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
Noun
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The addition of the property tax language kicked off hours of back-and-forth political maneuvering.—
Kacen Bayless,
Kansas City Star,
5 June 2025
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Also, more than half of the homes were taken following an initial property tax debt of $1,600 or less.—
Willie Wilson,
Chicago Tribune,
5 June 2025
Noun
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The plan would also include a sales tax exemption for construction materials.—
Alecia Taylor,
Kansas City Star,
6 June 2025
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Cupertino had cut close to $30 million over the past two fiscal years in order to compensate for a decline in its sales tax revenue.—
Stephanie Lam,
Mercury News,
4 June 2025
Noun
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Import taxes on movies may look in some way like some sort of withholding tax on royalties, for example.—
Tax Notes Staff,
Forbes.com,
20 May 2025
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Zhao points to instances where companies have threatened governments or regions with economic consequences, such as withholding tax revenue, if regulations are imposed.—
Hessie Jones,
Forbes.com,
3 Apr. 2025
Noun
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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
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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
Noun
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To fulfill President Donald Trump's plan to build America into a manufacturing powerhouse, permitting reform needs to go hand-in-hand with the administration's industrial strategy, which also includes tariffs on steel, tax cuts, and deregulation.—
Matt Robison,
MSNBC Newsweek,
5 June 2025
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This creates a clear financial picture, helps manage cash flow, simplifies tax prep and prevents personal and business funds from mixing, laying the foundation for financial clarity and growth.—
Expert Panel®,
Forbes.com,
5 June 2025
Cite this Entry
“Value-added tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/value-added%20tax. Accessed 10 Jun. 2025.
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