Definition of Value-added tax

1. Noun. A tax levied on the difference between a commodity's price before taxes and its cost of production.

Exact synonyms: Ad Valorem Tax, Vat
Generic synonyms: Excise, Excise Tax

Lexicographical Neighbors of Value-added Tax

valuate
valuated
valuates
valuating
valuation
valuational
valuationally
valuations
valuation account
valuation reserve
valuator
valuators
value
value
value-added
value-added tax (current term)
value-system
valued
valueless
valuelessness
valuelessnesses
valuer
valuers
values
value judgement
value judgment
value orientation
value statement
valuing
valuta

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