value-added tax

Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of value-added tax 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 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 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
  • Some provisions in the Big Beautiful Bill won’t impact Tennessee, as the state does not have an income tax.
    Vivian Jones, Nashville Tennessean, 3 Oct. 2025
  • The plan also draws on redirecting corporate income tax revenues and removing the 6% sales tax from fuel sales to allow for a 20-cent-per-gallon hike in the fuel tax, while leaving the price paid at the pump about the same.
    Paul Egan, Freep.com, 26 Sep. 2025
Noun
  • 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
  • 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
  • These interest rules apply if, in a single tax year, the related CFC payer incurs both interest expense that is eligible for the section 954(c)(6) exception (section 954(c)(6) interest expense) and other interest expense.
    Carrie Brandon Elliot, Forbes.com, 2 Sep. 2025
  • Democrats have proposed reducing state tax deductions for people earning more than $300,000 to $1,000 for single tax return filers and $2,000 for joint filers, which is estimated would raise $95 million a year.
    Aliss Higham, MSNBC Newsweek, 26 Aug. 2025
Noun
  • In 2011, the Wisconsin State Legislature altered the property tax levy formula limits, eliminating the 2% ceiling that local municipalities could draw from taxpayers in places where new construction couldn't justify a larger levy increase.
    Jim Riccioli, jsonline.com, 6 Oct. 2025
  • Given that several local taxing entities adopted budgets that include collecting additional property tax revenues in 2026, residents are preparing to see their bills increase further.
    Sofi Zeman October 3, Kansas City Star, 3 Oct. 2025
Noun
  • Kewaunee County introduced a sales tax that continues today.
    Miranda Dunlap, jsonline.com, 6 Oct. 2025
  • Lawmakers have promised that schools and local governments, which receive a large share of the sales tax revenue the state collects, will be held harmless by the shift.
    Paul Egan, Freep.com, 3 Oct. 2025
Noun
  • Non-qualified earnings face the 30% withholding tax for NRAs, plus a 10% penalty if under 59½, unless an exception applies.
    Virginia La Torre Jeker, Forbes.com, 11 Aug. 2025
  • But her defiance drew a warning from Idaho Attorney General Raúl Labrador of potential consequences if legislators update the law to include penalties such as the state withholding tax money.
    Idaho Statesman, Idaho Statesman, 6 July 2025
Noun
  • Those drops, while beneficial for the population, aren’t great for sin tax revenues that depend on those behaviors.
    Kelly Phillips Erb, Forbes.com, 12 July 2025
  • 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
  • However, the tax cuts would only provide a temporary boost to the Indian economy, and job creation needs to improve for a sustained consumption pickup, Nomura's Varma said.
    Priyanka Salve, CNBC, 1 Oct. 2025
  • The project is administered by Local Media Foundation, tax ID #36‐4427750, a Section 501(c)(3) charitable trust affiliated with Local Media Association.
    Alyssa N. Salcedo, jsonline.com, 1 Oct. 2025

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Cite this Entry

“Value-added tax.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/value-added%20tax. Accessed 7 Oct. 2025.

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