value-added tax

Definition of value-added taxnext

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
Recent Examples of Synonyms for value-added tax
Noun
  • So, over a third of Americans’ individual income tax dollars were siphoned away and not used for the provision of government goods, services, and transfer payments.
    Steve H. Hanke, Fortune, 15 July 2026
  • While the cost of living in Southgate is about five percent higher than the national average, Florida residents have no income tax, a significant saving for many, with no levy on Social Security, income, or withdrawals from pre-tax accounts.
    Patricia Doherty, Travel + Leisure, 13 July 2026
Noun
  • This bill would functionally impose a poll tax on American citizens.
    Linh Tat, Oc Register, 5 May 2026
  • There was – there was a poll tax in Southern states.
    CBS News, CBS News, 4 May 2026
Noun
  • The participant must also take a lump-sum distribution of the entire retirement plan balance within a single tax year.
    David Kudla, Forbes.com, 30 June 2026
  • But that levy generates more than any other single tax at either level of government.
    Keith M. Phaneuf, Hartford Courant, 19 June 2026
Noun
  • For years, state and local governments have courted data center projects with property tax abatements, sales tax exemptions and other incentives.
    Daniel Yue, Fortune, 14 July 2026
  • Eli Woody Woody, an English and Public Speaking teacher at Olathe Public Schools, thinks residents’ ongoing need for property tax relief remains a key issue in his district.
    Sofi Zeman July 14, Kansas City Star, 14 July 2026
Noun
  • Building regional hub The announcement follows Wisconsin’s passage of Act 165 earlier this year, becoming the first standalone state law in the United States to exempt capital expenditures on fusion energy projects from state sales tax.
    Neetika Walter, Interesting Engineering, 16 July 2026
  • While shopping sales and secondhand can help, timing your purchase with your state's sales tax holiday is another way to keep a little extra cash in your bank account.
    Courtney Johnston, PC Magazine, 16 July 2026
Noun
  • Once Vasquez applies for funding, the Missouri department will determine the state’s contribution based on the amount of withholding tax, sales tax and athlete and entertainer tax revenues generated by the team last year, a Kehoe spokesperson previously told The Star.
    Kacen Bayless, Kansas City Star, 10 June 2026
  • The incentives include sales and use tax refunds, qualifying investment tax credits and withholding tax credits.
    Max Rego, The Hill, 12 Feb. 2026
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
  • 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
Noun
  • The existing tax, passed by voters in 2012 and extended in 2016, is set to expire in 2031.
    Iris Kwok, Los Angeles Times, 6 July 2026
  • In practice, governments still want contracts, jobs, and tax revenue at home.
    Elsa Ohlen, CNBC, 6 July 2026

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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 17 Jul. 2026.

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