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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Gains realized on investments sold within a one-year holding period are classified as short-term capital gains, which are taxed at your ordinary income tax rate.—
True Tamplin,
Forbes,
21 Mar. 2025
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That way, the burden would fall on all Golden State taxpayers, not just Edison, PG&E and SDG&E customers — a much more equitable strategy, especially given California’s progressive income tax system, which requires higher earners to pay more.—
Sammy Roth,
Los Angeles Times,
20 Mar. 2025
Noun
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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
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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
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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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
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School systems with weak property tax bases, including those in rural areas, depend on that money to pay teachers, pay for buses and buy classroom technology.—
Bianca Vázquez Toness,
Chicago Tribune,
22 Mar. 2025
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The amendment would also shift some existing tax laws, like some property tax exemptions, from the constitution into statutes, which are easier to edit in the future.—
Chelsea Brasted,
Axios,
20 Mar. 2025
Noun
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Sun Sentinel Florida House Speaker proposes historic, permanent state sales tax cut The change would need approval from the full Legislature and the governor.—
South Florida Sun Sentinel,
Sun Sentinel,
27 Mar. 2025
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The sales tax proposal is a bold, ambitious goal that matches Gov. Ron DeSantis’ recent suggestion to cut property taxes.—
Jeffrey Schweers,
The Orlando Sentinel,
26 Mar. 2025
Noun
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Under an amendment to the federal law effective Jan. 3, the social security withholding tax of 5.85 percent is being levied against the first $13,200 of salaries and wages.—
Bernice Hoffman,
Twin Cities,
7 Feb. 2025
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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
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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Timely tax tips and the latest news delivered to your inbox weekly Editorial StandardsForbes Accolades Kelly Phillips Erb is a Philadelphia-area Forbes senior writer who covers tax, law, and financial crimes.—
Kelly Phillips Erb,
Forbes,
24 Mar. 2025
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Here are 5 things to know before the 2025 tax season comes to an end: More: Tax deductions and credits may boost your refund.—
Rachel Barber,
USA TODAY,
23 Mar. 2025
Cite this Entry
“Value-added tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/value-added%20tax. Accessed 1 Apr. 2025.
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