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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Arkansas' top individual income tax rate was cut earlier this year from 4.4% to 3.9%, and the top corporate rate from 4.8% to 4.3%.Worth Sparkman, Axios, 22 Nov. 2024
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Roughly speaking, the task force is recommending property tax credits for seniors, larger property tax exemptions for small businesses, enabling large municipalities to adopt their own local income tax, and reducing the cap on local income taxes.Kayla Dwyer, The Indianapolis Star, 21 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 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
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This increase is mainly due to higher property tax expenses.Quartz Bot, Quartz, 14 Nov. 2024
Noun
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Income from discontinued operations, net of tax, was $66,000, resulting from a reduction in the accrual for sales tax.Quartz Bot, Quartz, 19 Nov. 2024
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After adding in the state and local sales tax, plus the DMV and dealers fees, the out the door and in your garage total purchase price came to: $177,581.Tony Leopardo, The Mercury News, 10 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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Meanwhile, Americans today are less convinced that their tax dollars should be spent on bolstering their country’s preeminence worldwide.Leslie Vinjamuri, Foreign Affairs, 15 Nov. 2024
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Trump also proposed several new key tax initiatives, such as removing the current $10,000 limit on the state and local tax (SALT) deduction, eliminating taxes on Social Security and tip income, and further reducing the corporate tax rate.Tribune News Service, Twin Cities, 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 1 Dec. 2024.
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